Mary Daly

speaker
1,237 appearances 2 recordings 1 series first heard Dec 2024 last heard Aug 2025

Mary Daly’s voice in public audio — every appearance, attributed to the second.

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Would re firms just sit on the sidelines and wait for it all to be over, or would they continue to participate?
in their economy and in their growth.
for the first three or four weeks after the original announcement, where firms are like, I gotta wait 'cause I don't know and I'm in fact some firms were not even bringing
uh the ships had sailed, they were already outside the port, they weren't taking delivery on the goods because they wanted to wait and see.
But now one of my contacts said
Uncertainty is the new normal.
We expect uncertainty for the next four years and or three and a half years.
And so we're just going to live with it.
And when you live with it, you don't change the fact that you wanna grow and you wanna hire and you wanna do these things, but you do
you do make more careful decisions because you don't know what could happen.
But we if you wait for the uncertainty to clear, this is what he said.
If you wait for the uncertainty to clear,
you will find that four years later you've lost your business.
So we're not doing it.
You explain why you made the decision.
Ultimately, if we just put the decision out, we just raised a flagpole saying interest rates have been cut twenty five basis points, I think we'd be very vulnerable to what you just said, because then optics dominate reality.
But what what you do instead, the remedy for that is be very open about how you're making the decision, how you're
Balancing the trade-offs.
I mean, we're definitely in a trade-off space, right?
Because that we're not in the divine coincidence.
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