Jonathan Ferro

And dare I say they have a bit of TDS.

I do think some of that is colouring some of the analysis that's coming from not just Wall Street, but from research desks around the world.

You're still convinced that I get paid in sterling?

I hope so.

Given the recent price action, I wish I was funded in sterling.

But given this is my 10th year over here, I'm still funded in dollars.

Your review's over.

Okay.

Thank you, sir.

Thank you, boss.

Let's get to Diane Swonk of KPMG.

She joins us now.

This news conference starts in about seven or eight minutes time.

Diane, welcome to the program.

What are your questions for Chairman Powell when this news conference starts?

Dan, I think we have to say, and I'm sure you share this sentiment, if any of us gets a tax refund, it's paying the energy bill over the last month.

Thank you, Dan Swonk, weighing in on the Federal Reserve and a backdrop for the economy.

I think we just take a beat with the two and a half minutes we have left.

What Dan Swonk just said there, that we could have an economic boom and a payrolls recession.

Now, I know this sounds a little bit philosophical, but what on earth is a boom if we have a payrolls recession?