Jim Power

It's a horror scenario coming on top of an economic backdrop in the euro area and the UK that was already pretty modest prior to February 28th.

So I think we're in for a tough year, aren't we?

Yeah, in the States, we got first quarter growth today, Thursday, 2% growth, lower than expected.

Consumer spending slowed significantly, up just 1.6% in the quarter.

And of course, if you look at the investment component was strong, driven by AI, without that AI investments, the US economic performance would have been a whole lot worse.

One of the things that interested me about that report was exports rose 12.9%, imports rose 21.4%.

So what does this tell us about Trump's tariff policies?

It seems to be damaging U.S.

exports more than exports into the United States.

Is that a correct assessment?

No, it does not, does not actually.

What did you think of King Charles' performance the other night?

Well, it was interesting to see J.D.

Vance standing up applauding when he made his comments about ongoing commitment to Ukraine.

Yeah, we shall see.

We shall see.

To me, one of the standout comments, it wasn't in his congressional testimony, but he made reference to Ukraine.

Donald Trump saying that without the Americans, they'd be speaking German all over Europe and in the UK.

And he responded by saying that without the British, the Americans would be speaking French.

Yeah, yeah, yeah, yeah.