And just to start off, where did you grow up and study?

Yeah, so I was born in Joburg, born and raised.

In grade one to standard one, I was in a school called St. Catherine's, a mixed-coed Catholic school.

Then from standard two to standard ten, you can tell my age.

I'm not using grades.

I went to St. Benedict's College in Bedford View.

So my earliest memory was me living in Germiston.

it?

So what are some of the pros of, of being where you are right now and living life over there?

Yeah.

I mean, when I was a bike rider, I was, I was doing European sports, so I had to live in Europe.

Like, the race season was from February until end of October.

So I had to be in Europe, non-negotiable.

But now that I'm a runner, I can actually choose where I want to live.

So, like, part of me last year was trying to work out, like, where do I...

Yeah.

Wasn't Trump being seen as a positive for share markets? What's happened now?

Well, Trump 1.0 was definitely a finger on the pulse of what was going on in the Dow, using his Twitter account as much as he possibly could to talk up the market and to talk up his relevance to the market and how he thought that he was.

That Trump 2.0 is definitely not that same man, not that same president.

speculation and this is obviously the sort of speculation you can get trying to get inside the head of someone like Donald Trump is very difficult to do and you're often wrong but the speculation is that if you can't cool a heating economy as the US was with interest rate rises because they've risen about as much as you can the next best way to do it is by pouring a very cold bucket of water on in the form of tariffs in this particular way it does seem an intentional way to try and slow down an economy and based on manufacturing data last night does seem to be working we're seeing this right across the board that potentially it is working and slowing this US economy.

However, seeing now Trump 2.0 could be the guy who brings in what they've dreaded S-word, stagflation.

And we're seeing that if there is inflationary pressures to the upside through tariffs, and it is definitely going to be, and we are seeing slowing growth, then we see that stagflation could be the theme of the day.

And if that is the soup du jour, then expect the bitterness to come through over the next couple of weeks in markets.

Run us through why you think these two in particular are being hit.