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I think the stock market particularly tech stocks have gone ahead and a bullish scenario. The fed set to cut interest rates next week, any surprises you re expecting there? we are looking at gradual 25 basis point looking at the inflation which has shown signals of disinflation. It s possible that we might have some surprises. What would a cut mean for countries like japan? it would confirm anticipation of stock markets that the fed will offer much needed stimulus as the economy is softening. On the whole, that is good news and i m not sure if it s going to give stock markets that much more momentum than they have gotten already, and i think it s looking at the forward trajectory and what stock markets need is a fine balance between that stimulus and an economy that doesn t look too soft and continues to draw positive earnings going forwards. If we stay with japan, there been encouraging signs coming out from there, and what s the main thing to understand about japan s economic growth? ....
Some of that infrastructure investment, and if they didnt, because of the knock on effects, further tough decisions would be required. You heard some of the responses from the Opposition Parties in the chamber behind me, the conservatives said this reflected 17 years of Snp Government and a reckless waste latest. If you missed any of what Lorna Outside I Snp 1t reflected 17 years of Snp Government and a reckless waste of taxpayer money. Labour said of taxpayer money. Labour said this was a threadbare attempt this was a threadbare attempt to pass the buck. Big cuts of taxpayer money. Labour said this wa the 1readbare Attempt of taxpayer money. Labour said this wa the buck. Lare attempt of taxpayer ....