Please welcome to the stage Professor Dr. Eka Jay Wojo-Promono first. Thank you very much for inviting me to be here Dr. Rajiv Peshawariya Michael Sabri, I don't know why I'm invited here because Because I'm not leader. I'm not boss But I just want to show you that some important organ If something damaged don't think about leader everything gone with the way I show you to prove I Show you to prove okay, so When Rajiv asked me what is the title? I do not know because I don't I don't have theory about leadership So I'm not going to talk about theory how to become a leader But I just want to share my experience and what my understanding after exploring the brain So, you know title is a brain and its function It influence a human being and leadership and pioneering in in my feet and brain surgery So again without brain everything gone. I'll show you later So brain you know that this is actually a Central cable Central computer so brain made of water and from the brain come everything I will show you later Yeah, because of the brain. So you are here Someday with no lag like a Geneva can come here, but no brain is definitely absolutely. So you will never be here without brain No leader no chairman so I agree absolutely with With such if say that about clarity of purpose clarity of value and also ability to use the harness of the brain But actually from which side? from which side so brain Not all not only our soul, but only our mind is there So if you say that oh I'm very very Disappeared as this pointing or something everything is in brain. I'll show you later. And so talking about energy also Again, so many theory that maybe maybe someone become a leader because of the genetically So maybe the family of Aquino family of Kennedy of the US family of Gandhi becoming Sun becoming grand general becoming leader, but there are something that we cannot create Genetically, but something that what Rajiv doing is how to make like notice from the environment how to To build a talent to be a leader Right something we can do genetically. We cannot do anything Generally, we cannot do so again question where I actually the energy come I agree so like a Mandela was 28 years in the prison and why the energy still there Right, sometimes I'm thinking but probably Mandela living in the very hard situation, but Million people like Mandela why only him and still have energy in the prison 28 years and So if maybe quit and give up and follow something but Mandela is not Right, so this is a big mystery. So ladies and gentlemen learning learning brain is More difficult that learning after space Much more mystery we still do not know So we just know some very few but something we didn't notice the mystery, but let's explore with me So, you know, this is bring and the most front here is may be related with intelligence Look at the I'm sorry. Mr. Ajiv's forehead Why he became so smart I Will show you the other example, right? So I mean from here then become a Mandela become candy and become Mother Teresa With a golden heart becoming the Pope and remember also becoming terrorist attacking Paris So they're also leader Can you imagine? sometimes I'm surprised that somebody can Park Buddhist rain and can can high check Airbus or what struck the Twin Tower of the black September in America my question How come their leader can wash the brain and Become striking the airplane to the Twin Tower. How can be I don't think that Mr. Sajiv can raise yarn was even to go to the wheel or go to the sea But they can struck and then go to side by himself. How can it's very difficult to understand, right? but they are leader and We need to to to learn from them how they can be a leader can wash the brain from somebody That's all they happen in the era of couple hundred Years ago in the Chinese era where somebody Open the hat and make something the people that totally dedicated whatever to the king to the emperor But it's not anymore right now something happened. We need to learn like it about how to become a good terrorist So because of the brain because of the brain Hippocrates, this is the father of the doctor in all for the word. So already couple Centuries before Christ already said and men should know from nothing else, but from the brain Come joy the light laughter yet sorrow everything So you can be very sad. You can be very happy You I think somebody asked why make you happy right your brain Believe me without brain. You will never happy Several people asked right from happiness come from from the brain. Believe me Well, so we all together go to the market and eating maybe with the people and drinking coffee somebody unhappy Oh, why so low why I don't buy or such it don't bring me to big restaurant But somebody said happy or happy I enjoy drink with the people in the market in the Vietnam noodle, whatever your brain Make us happy or sad really is so because was not our environment. Yeah our brain Really, I will show you later. So, you know From the brain So this is, you know, the brain is process of electric chemical electric This is the chemical electric make a stimulation between cells in the brain and again from here You know, there is a electric process in the brain. It's I'm talking This is electric process my brain in my speech center make them can Enjoy like this. They can case and sometimes very side and even going to suicide Somebody for instance two girls one is left by the boyfriend and still happy. Oh, I'll find another boyfriend But the others reside Right, and what's happening? It's because they're brain because they bring maybe production of some so-called Chemical electric last in somebody make a very easy to get set This is a patient came to me.  It's like this and this is proof It's no question. No doubt everything is in your brain. This is proof and this is so called a fidgettive state and After one after one year we call it fidgettive state permanently So forever becoming like this. I was invited very rich person in Jakarta The only son struck by truck and becoming like the doctor if you can make him alive I'll give you how much ever you want So I said no, I'm sorry up to this second The rule is one of the neuron the cell of the brain a diet is never and ever recover up to this second So be careful about your princess Really Okay, so again This is the brain So, you know the brain and this is consist of cells You know, this is so the cell of the brain, you know, this is like a stars with so many hair like this Right, so everybody Got about a hundred billion cells Since we born everybody and you know The cell is never Increased the number never and ever But you know this cell of the brain so, you know, there's many hair and the hair connected its other So got a sign up You know, so sorry at this lecture so You know sign up the more we learn something and Especially if you learn something of very impressed for instance, we saw Jennifer here. It's so impressed that it's different if we only Read the book of Jennifer, but showing the video and we so impressed Impressed means come to the brain and come to the permanent story of the brains Then for instance, you are teacher then you can encourage yours to do. Oh, I saw Jennifer It is impressed in my mind and maybe also encourage ourselves to be like that So means that what you saw when Jennifer here, so you saw and it's coming to here It's not coming to your brain cell means only temporary Memory and will be gone when you come back to your country tomorrow. You forget about Jennifer But if you impress very much, so that's why I always when I give talk, I always use a so many movies I just want to give you more impressed I hope then you you never you never forgot about that. So anyway brain We divided into this is the old brain So the Archie cortex and this is new brain. So the red layer is new brain So everybody this is old brain.  So cut the Archie cortex amygdala and then After becoming more modern so this old Brain covered by the new brain so cut a new cortex Neocortex is where make different you and I and make different why make mine to be a modern in the problem of human being I'll show you because of the so-called a neocortex So be careful every broken new both must be balanced, right and Chinese old Philosophy this is the yin and yang means this must be balanced. You can imagine very smart, but you have no desire If you have no appetite, you can imagine But if you have appetite too much, you don't bring we just also very careful for it in this one This looks very wild right a lion Cheetah and then hunting deer and eating like to so why why because they have like this when they feel angry They want to eat He doesn't care the the deer is coming from where you just want to eat.  You have to be married first better so Animal also has a like a desire But he starts again if I saw in the mall a beautiful girl. I want her or maybe somebody would help me So again Our British balance between the old function article text and your cortex be careful make balance Make balance. You cannot add some cells.  I told you right you see here The more here is the more forehead. Please touch your forehead. How big it is? That's true.  This is the evolution. Yeah, so you we remember that Hundred years ago. So the first erected human when I give duck in Ethiopia So I visited the museum. They have also got a Lucy Lucy is the first Erected human before that they walk like this, right? So, you know that from Africa They go everywhere becoming developed and Australia America and Asia becoming developed developed this one developed So the old brings not developed same, but this one developed So in Africa, they don't manage a scale is other and it but here is different, right? So because of the coupling of the new cortex here So here again the developing of them and you can see that after that One of the first civilization in the Middle East they can build a pyramid and Mummy maybe found it. Maybe I don't know seven eight years Before Christ a thousand years before Christ. They already have a chain, right? There is a re necklace everything even maybe my ancient still Walking like this around the river So this is like all of just a human civilization, but again Leadership is not only making modern but also sometimes makes something terrorist. I told you like this So becoming very bad and you can see here. Sometimes this is on the Colony of Dutch and their time in Indonesia 300 years ago, and then there's Becoming terrorist bombing everything. So because of your brain sometimes becoming a positive side Becoming a good leader but something because becoming and that's all this negative side like this all just because the brain They are all leaders, but with leader we won So this is again, this is the plopping of the brain. This is Nazi for it is he tell us a very good brain That's very good leader, but what kind of leader he is, right? So actually, I'm not expert of the brain. I just learned from my exploration of the brain So start from 1997 I start in my hospital and that I'm my boss want to bid actually like a modern Hospital for heart surgery, but I think why I had surgery I said to my boss, let's go to the head Brain surgery. He did not trust me. Okay. I give case case case and finally he to have he has to buy Something to develop my brain surgery So by opening like this, we know that everything is in the brain So right right not only the the case I showed you but here you can see after opening the brain You see here a center. This is for instance like nerve for for your eye This is a tumor. Yeah, no for your eye here if I do wrong I removed for the end of the patient becoming blind after surgery for instance, so From this exploration. I know exactly for instance somebody got stroke When we remove the stroke the the hematoma from somewhat. I don't know why my patient of a sloth To meet every just love It's different personality before Somebody very sad always stay at the room sometime had to suicide. So again, everything is in the brain. Believe it or not Everything is the brain be careful. Yeah, so if you come to me be careful, which one you want to touch to be touch Can can make you different one of My uncle of my colleague so he got a severe Savior injury so finally he can save him you remember after after he saved he talked So he got like a so-called a frontal loop syndrome frontal loop means that he can talk everything honestly without break You have break right? So sorry When when he he talked in ice you with with the wife. Oh, it's already Did 30 please remember yeah send my money. This is my second wife is test my third wife is there And then this the first wife become collapse He talked everything very honest that's very honest just because no break So before that he talked everything of course with the break right within this something so be careful if you have a brain disease Remember your break So that's true story. I'm not kidding Okay, so this is about brain surgery. No developing very much in my country. So before I start in 1997 it was only traditional brain surgery in my country. So I introduced modern brain surgery from 1997 it was everything is just trauma kids, but we developing everything now Okay, so this is from learning my experience. So Somebody told me a guy you have to build a team. It's just impossible you work everything yours It's impossible to dangerous for the patient and I believe then I put a team now working with me is 19 years isn't working with me handling Salam most people along Indonesia because again, nobody can work with stuff Especially the very dangerous and risky surgery like this if you come to Neurogens don't trust if your doctor on the work alone Sometimes just tired. He said something is quarreling with wife at home then coming still like this one to lose Better with the team. Yeah, believe me So my hospital here 1997 then we not developing a system in Indonesia Where this is my team 19 of them I put them in a hole in Indonesia and They need always report to me with using what's up like very whatever every case So even this is the salt pass or the East Pass of Indonesia the patient come to I Guarantee that every diagnostic and every option that we is standard standard means whatever They upload real-time upload we can we can get of the ice in a team, right? And our system is my young colleague working here in Coupang near Park Buddhist place when they have a like a difficult case I said don't do surgery yourself with tomorrow I or my team will fly there and working together. So this is what I create Indonesia, you know Indonesia have a 17,000 islands Managing Indonesia. I said it's much more difficult that managing United States How can how can you touch people here people here also live at 2000 in the village you walk 10 hours 10000 hours, how can you finish? So I try to develop something different that may not suitable at different with a developed country because geographically is like this right with a 250 million inhabitants with 1300s at next blah blah blah, so this is Indonesia what we accredit So after we starting like this then Fortunity and then people becoming trust us So patient coming from not only from in whole Indonesia proper overseas also come to our center to repair the brain and You know they come to my place maybe with aeroplane with helicopter But sometimes with it is like so-called uncle uncle. This doesn't a traditional public transport where there is no facilities So in a brain surgery I said and I promise also in my team Every because Indonesia at the time even now the the health insurance is still very bad system So many poor people also come to us Well, I say I Have knowledge. I have skills And somebody may be dying or suffering need helps nothing something to be removed from the brain I said there is no reason for me not to do because they cannot pay So our team for it to be promised. We will do free definitely free But we'll pay for the expenses. So that's why in later I will tell you about how we built our so-called Indonesia brain foundation because it's unfair is somebody need our help we can have but Nothing can be done because of the money So this is What we are doing in a group so actually My personal experience won't make what make me like this when when when I was a young is a son Inspired me just because my mother working very hard every day every morning. I saw her working very hard She never talks something with me, but I saw her Working very hard and I had to wake up in the morning. I help her I have my my brother and sister I take care of them and also I saw one of my neighbor is a good doctor. So it just in my mind Oh, there's a so-called a memorizing inside. Oh, maybe it's good. If I could be a doctor Now the question is how to reach Only willingness is cannot be done, but how to reach that That is the question. So, you know, what is memory? It's a process of retaining storing recording experiences closely associated learning and Also through knowledge. So I thought you'd be for that. Maybe somebody become leader because of genetically But somebody maybe because of the environment input. So that's what Eclipse made that so given the environment It's something to do genetically. We cannot do anything, right? So environmentally for instance through visual through visual and then you see the movie Then coming to your so-called a temporary memory. So if your movie is not impressed you so tomorrow you forget if The movie impressed you a lot like you saw Geneva here. You saw by yourself. No luck So if the temple temporary memory become becoming impressed that becoming so-called a permanent memory So why something maybe somebody told me when I was child and I never forget I think I died For instance, why also not to talk but it's just like this And also also from visual on haptic. So this got a memory. So Teachers need to learn how to make the memory becoming a permanent stop Right, so that's why there's so many method of teaching for instance by everything just to make the permanent store of the memory Right. So this is about five months. So from the eye you saw something This is the cable so called optic nerve then going to the brain and again going to the short term store Then when going to the long term store need a technique. That's why we develop technique How to make participant interested? Right, that is from the visual also from learning you learn something you learn something beautiful and you impress you go to the Short term then if very much impressed go to the long term store So some some sentence some words sometimes again, I never forget until I died What my mother said to me on the couple sentence what my teacher said to me Until I died I never because in the permanent store, right? This is so called a just short term store So active learning need everything is have you say that if only read 20 percent 30 percent here see 50 percent say do and 90 percent see here say and do that's why we make it like that in a little Staining so that's when I was in a in my childhood Then fortunately after struggling a lot. I accepted in the medical school In medical school when I have a conference of surgeon I saw surgeons coming from whole Indonesia to my place and I said, oh, how great they are so Handsome so big so rich blah blah blah, so that's that impressed me So oh, I want to be surgeon So that's impressed me a lot seeing them in the conference And again how to reach so again only on the impresses cannot Can't nothing happen, but how to this step how to become like that? So this is when I was in medical student then again fortunately after struggling So in Indonesia in that time so many discrimination about some, you know, we have so many ethnic's religion But so there is a lot of discrimination So the people like me is highly highly unlikely to be accepted to learn in the so-called the specialist program and I want to be a neurosurgeon is just like a dream But something happened that I met a very good provisor Accepted me to be his pupil then I got chance to learn so-called a neurosurgery Residency training program So my proviso I I had a lot of impression of them So he brought me he introduced me to international society his friend So I met so many great neurosurgeoning along the words and I was so impressed So I said oh, I want to be like him So again, this is also many actually Doctor like me, but somebody else I won't do it. Maybe this just enough. Oh I cannot do it. So it's so difficult But how can make you the energy make us to be okay? I will do it. I Will do it. So that is I don't know what inspired me, but I want to do it So I told you that at the time Indonesia was very much underdeveloped in brain surgery So I just thinking why I cannot so my boss gave me chance to learn in Germany And also to practice in Japan. I just thinking why Indonesian doctor cannot do like that What is the difference? I mean we have the same brain with forehead and also Equipment yes, I will ask my post to work to me to do something Then finally I need to prove that in Indonesia is not less that developed country in in brain surgery So what I'm thinking at that time. So again impression is very important in the beginning So that's why I bring my student my son my daughter when I have a great meeting conference I do all you see this is the big man from Harvard This is the big professor from Japan, please take care of when you talk with your chat you inspire problems And this is my purpose so again now knowledge we can learn by ourselves students very easy to get internet to learn Knowledge very important, but again now the most important for us to be teaching is to be a role model role model So when I started my career as a neurosurgeon I Want to do my past for my patient what does my best mean my best mean that somebody come to me Then I have to find out What is the final diagnosis? Must be not wrong then I have to give an option what could be done So and the patient okay, okay doctor. I want to get surgery from you Then I have to do surgery not less than developed country. This is what I mean in my past When I started in 1997 yes, of course, I was still young and very very less experience Fortunately when I was in Japan, I have so many friends. They are so nice so many senior colleagues Oh, I got don't worry. I come to you They came to my place. They pay everything by themselves I just treat them to bring somewhere and having food But when they come to my place, then they teach us how to do surgery us and my nurses and everything everything and then one of the patient from from Fujita eyes to remember After three years. He told me Eka is enough We came here three years working with you doing so many surgery is enough Do not seek any help to not back any support again from other country You have to do yourself is enough. He said to me I remember never forget in my life and he said now a car your time to go to other kind of to help them to Support them. That's why I was committed and I still committed to be like Educational committee because in a word for the ration So every month I fly to go everywhere in the all-continent Bangladesh, India United States Germany to share To share what's happening with us and to share the knowledge and the skill to them. That is my commitment So even I go to Ethiopia, you know, we are 12 faculty go to Ethiopia because of Ethiopia There is they they they cannot rent this beautiful building like this So the meeting was in the United States United Nations building So we came eight o'clock in the morning. No student come So faculty have to wait two hours that they come one by one. Okay. We start that is Ethiopia So anyway, there's our commitment. So after certain of time We enough to fulfill that we have to share with other. This is what I doing I said what I do my best for my patients. So for me now and The time again many patients Just very easy to cross Singapore Malaysia Australia German if they have money America to seek the brain surgery because of what because we were so bad We were so unprofessional. So patient didn't like us. So they prefer doctor abroad So we cannot forbid them to go. So I said to Michael is what we doing do our best proof that we are not less Then they will trust us Right, so we cannot forbid them to go. Anyway, we do everything now my best My best to my patient. So I said to my friend I will not send you abroad wherever because we are unable if you want of course if your money of course But we will not send you to other center because we are not able So I mean whatever your case I will able to do it Me my team and I were able to do it with with the same and equal quality with developed country in brain surgery quality means the Same number of mortality and morbidity Mortality means if I do 1000 surgery to all three died is normal If I do a thousand one hundred died is not normal. Nobody come to me So it's got a mortality. So I mean mortality and morbidity must be equal or not last so Entire time actually After meeting a lot of great person in the world. So it's the oh, I want to be provisor I want to be provisor of your decision But how I told you at that time there are so many discrimination Don't dream then because let me will be accepted or will be proposed as a provisor Okay, so after I applied in the government hospital in Bandung area, but I rejected. Okay, go. We don't need you So anyway, I work in the hospital just normal of the village not teaching hospital After two years working then somebody why my energy is almost gone So I don't know Senior professor re-energize me. Okay Why don't we we again coming to your idea to be provisor? Oh, yeah, I remember Because the only institution Could propose me as a professor university So I proposed to my university. Why don't we open a medical school at that time? We had no medical school actually, so I come to my boss. I encourage I instruct him not instruct I encourage him boss. Maybe good if you have a medical school.  Yes, you're right Then we go together. I myself I cannot do it because did money, right? Then my boss and I go and they finally we can we can open medical school so called a UPH So after couple years, I said, okay UPS have to propose me as a provisor So what do you got? It's like mutual network. It's other I need him and he need me, right? I said, oh boss, I need you, but you need me also, right? So this is working together. So that's why now I became provisor because my unit proposed me and I created to build a university. So this is a mutual something to the working together, right? So I don't know whether it's correct or the mutual harness So I want to be respected to other nurses and I told you I do many cases then I show Fortunately when I presented my surgery, I will show you later Then I in I invited to give talk in Harvard in Toronto, whatever. I just want to show the word that Our standard is equal not less than them because in surgery different surgery surgeon like me It's not not only can talk yeah before I show a lecture like this I have to show where is the Imaging before surgery and how is the surgery and how where is the image after surgery so we cannot cheat and Again people like me. I have to talk in front of them based on my own experience So I cannot talk. Oh, this is Japan experience is Malaysian experience What is your experience? Then they can believe and they can talk This is a medical provisor. So you you should not talk based on other person Experience has to come from your own experience. Then you have to be listened smaller So this is I want to be a respected and show the word about it So this is one of the case milestone important is I never focus in my life In 2001 came to me young or 21 year old male He is a poor people. He has no father and father mother he immediately got paralyzed and The eyes like this and the breath almost stopped and he brought by his brother to my hospital When we check like this, this is the so-called MRI you see have you seen MRI before? If you not yet, you come to me.  I will show you if you can come all together how to how to take care of brain and how to check your brain very easy Very cheap and very accurate Because this is so-called MRI MRI is never wrong For instance doctor my wife still Every day headache. I don't know. Okay. Just go MRI.  This is like a brain stem Brings them as fix your Tom Located in the center of here. This is the center of the brain if Brings them damage totally Doctor can you say to you you are brain that?  So you know how important brainstorm. So in the time He immediately paralyzed because of the tumor here, you see this tumor as big as a meatball and the tumor ruptured So immediately he was dying when he came to me When I saw this I said what's oh my god? I said I said frankly doctor have to bring to the the brother. I have never seen before Living brainstem. I just saw in the cadaver in the dead body practicum I never seen before even in Germany in in Japan. I never seen don't talk about operate even Never see before But I said but your brother is in the critical condition If you ask me to refer, I don't know where to refer because I don't know I don't listen where Who in South Asia? Opened this case and if I said to America Maybe we don't have time and who will pay. They are very poor people and Brother told me a car. I trust you do something to my brother Tomorrow my parent left me a very Poor house in the beach. I will sell tomorrow. I don't care how much is cost and I will give to you That's brother said to me Then oh my god. I said well, okay. I need to because this is the first time I got one assistant Okay, anyway, we have to explore and I come to my boss my boss is a banker boss Look, this is very important. Please pay Oh Really, so I mean I have to use also my boss wealth, right? But he is a great man. I can't don't worry go ahead I said this is very important case boss and somebody dying in front of in in your hospital Because he did not expect that the poor people come to the hospital for me No, no boss poor on Rachel may come and made the same service So anyway, we operate and we remove this to mouth This is a very very tough most difficult Danger rare case and we did the surgery. So the patient is in the prone position You see from here operation. So this is the beauty of brainstorm. You understand ladies and gentlemen So I need to open the brainstorm. So can you put out my heartbeat at wars? So I have to remove this just like a delivering a baby and Even even this type is one of the very very unique and difficult case Even in the US never happened like this because that picture is very beautiful This is a tumor and this is like around you remember, right because so hollow sign like if you if in a Christmas card you say like Joseph we say like this is a hello. Yeah So I said to even young children.  He is a fisherman. He's alive Thank you so much and He visited me every year bringing corn brimming fish Yeah, and this is so I told you that surgeon If show something I need to show the MRI after surgery, right? The tumor was here, right? You remember and now it's gone So it is new to be seen better. Oh, okay. Okay. I understand Indonesia can do it before that There's nobody believe if you only talk nobody believe, right? So that's okay. I believe and this is also Ray energize me So, you know, sometimes the doctor let me so tired, you know, if in a month, there is 10 patient with a stroke Especially a stroke in the left side Anybody of you left-handed or not? Anybody of you left-handed? So if you left-handed, please write on here. Yeah, I'm left-handed You know, I mean because if we do surgery if the tumor located at the center, we always prefer go to the Right side because if we are right-handed So left is dominant brain If possible, we go not through the dominant brain for it is somebody gets stroke. I will tell you tonight stroke in the in the Right brain means paralyzed in the left Exhibition that only paralyzed. It's okay. You can walk But if the stroke is at the left brain, which is dominant brain you get a paralyzed in the left side and Cannot understand everything cannot talk everything Difficult and what you said I accept different. I talk to very frustrated Very very very because this is dominant brain. So please write down in here. Yeah, we thought to sit. I am left Right-handed is a gender. No and open your left brain Really, so that's about brain brain is miracle, right? So left and right is different function Be careful if you are right-handed because with your left brain. Yeah, talk to you doctor. Oh, I'm left-handed Yeah, doctor. Be careful. Don't operate to my right side okay, anyway, he he can come back like this and this is a milestone and Everything is well documented So when I presenting in the lecture in Bali many colleagues from America, they was okay And I got please come to Harvard and talk a story about this Then also, of course, it is like like a milestone for us and this is this is re-energized me Sometimes we are so tired. I told you right in the month. We have a 10 patient with stroke after the drill and You saw stroke patient or not? Have you seen severe stroke so-called if the stroke in the left brain Long life the more they take on them the longer they live You need to talk to your spouse if I got so like this Go for surgery or not. How about you your chip? So in The US they said for instance, okay Call to the to the lawyer and also to this was your if if I got the severe stroke don't bring me to hospital. Yeah Because I saw every day so for me it's very house tip So sometimes it's terrible terrible terrible things, right? They just be careful. Yeah, so check your brain Say to your spouse if you get severe go ahead or not So again, this is re-energized me to do more difficult cases So from there we initiated to have took out like a brain foundation up to now Maybe we have about 300 cases of brain not many because the brain brain surgery is very costly So we cannot find racing or so not that not that easy. So Well becoming doctor need the empathy sharing loving caring. It's not only knowledge Not always skill, but everything have to be in the same side of the brain So after that I was invited to give talk in the Howard in Massachusetts in almost whole Asian country and also I give talk Somebody my role model invite me together everywhere almost every month No, I give talk in the broad just talking about brain surgery because that is the first time but you know that It's not always Incidentally after that because we did everything then about 50 cases of brain surgery came to us and we can Not not difficult, but not so difficult and still easy to do that and everybody no one died Within 50 cases. It's quite quite prestigious Just because of him right maybe without him we still doubt whether we can do it or not We can do it but after that there's no problem. You can come to me We can operate for the brain stem surgery and this quite a lot when I give talk in Oxford In Oxford is one of the oldest medical school in the UK about 400 year Maybe he said that they do it within 400 years and with it with we do it within 20 years There's not the case for instance So called the so called the this is so called the giant aneurysm Giant aneurysm is like a balloon of vessel which is exploded If this is my expert it make you headache If you don't check The second and explosion will coming So this is one of the most most most difficult case. I have never seen before also in Indonesia I've never touched before but you know I Promoted to the television newspaper about how danger so called this is aneurysm about aneurysm If you are something, please come to the doctor. Oh my god someday come real come to me I Said already this is dangerous need emergency surgery, but whoa, I never do it So I said also well anyway, I say to my team we have to do it So you know that sometimes we we post to do it because of the situation So this is need something that really what you would be a bit crazy Because before that nobody want to do in Indonesia is too difficult to Complicated to risky and the causes same with you to the head injury patient Had you the patient come to me may be died may be left no problem But this one she came only with headache you can imagine once I may make a mistake for instance The bomb exploded during the surgery. She may died on the table Right and this type of surgery once I started to do I have to find it This is not easy to find yeah, so there is no reason not to find Once I found it I need to do and to kill the bomb If I cannot kill because for some reason so the patient even still danger and more danger before surgery So there's a very very very big moral obligation for us Okay, fortunately God is always in my side So we can do it here surgery So yeah, this is the aneurysm. This is brain surgery here Yeah, you sing microscope and lots of what 20 times it is the bomb I told you the socket here and we can finally so-called clip the bomb So the bomb is killed by clipping here like this like this like this And this is one of so one of the first we done in Indonesia I think about two zero zero four something like that and this is also like a milestone That we now believe that we can do everything off self. So you saw this is all clipping of the aneurysm So this is clipping our rhythm. So this is He sees a lady come from Bali and flew to my place with a headache So this is like moral obligation to do the best of the patient So like this you see this is after surgery no more bomb and this is the patient We always show like this. This is the patient after surgery. So not a cheat it So this is another also so-called a bypass surgery, you know before that people know only bypass in the heart but actually a Brain also could be bypassed.  When it's narrow, then they're going to standing right? It's very common, but brain be careful The brain you need to check because of the brain is narrow very much. Sometimes we need to bypass So I said to my patient when we are old.  I don't want so I said like a Vegetarian like this, right? Oh, I said oh my god every visitor said oh, so sorry about it So sorry about it and it finally died. So again, yeah, remember when we are old We don't need to go to heart check up just bring check up You agree with me or not. So if you don't agree you come to my place. I bring you to ice you tour To see we have a collection of the people like this I'm a said doctor said I don't want to be like that. So better if I old enough I died on my bed on my room don't bring to ice you. It's horrible. So yeah everything Because of your heart your brain. Yeah, so this is brain vessel surgery Okay, and then after that I invited again really that I give talk in the whole continent in the world Every month I share my experience. I like education very much. So we we we have the young generation to come even We have to pay for them to come to the center and our fortunately my center now is appointed by what the word federation So every young nurse it can come to us and we will provide everything to learn three four six months So when I was appointed as a dean What what what make me agree to be dean to be dean for me is actually just as one this so becoming dean surgery I can earn a Thousand us dollar per hour, but as a dean my payment is only two thousand us dollar per month So I said that okay, I still was have some idealism that I won I won my student my young colleague is maybe better than me So I said to my student every time in the first year of the lecture. I invite student in the parent I said look I said We doing everything in 20 years in brain surgery and then our position is not not lasted other country if you guys You want to be like a heart doctor kidney doctor Interstate doctor with a principle like this that you don't want to be less than other and Believe me that you can do it. I believe that Indonesia is not less. There's nobody look down I believe this is what I said to my young students. That's why again I just I'm not expert when when my boss in appointed me as a dean. Oh, I don't have a Talent I don't know about medical education But what I do is just like a role model and what I do Okay, boss, but give me give me Chance yeah, I invite my colleague from Canada and from India to be my my first dean to rule everything I cannot I don't understand. So I just be like a role model for them So I want to encourage them to better career and future role model and I say to them It's very good from nothing be become something So before I started 19 as if it's nothing nothing modern Neurosurgery Indonesia become something something that we can show the word then we are not less So I come I always compare like this. Okay. May your clinic and do it. I can do it John Hopkins. I can do it with the same with equal Equal result at the end This is what I said to my Student so last it's how to reenergize side of you So meeting patient. I told you big sometimes reenergize me. So meeting the guys will bring me fish every every year Reenergize me sometimes. I'm so tight. Oh, I don't want to do it. So I got once very bad experience in my life. I got a 40 years old made with two diseases in the brain One is the balloon like so-called aneurysm and one so called the AVM both is very very very difficult So I need to do twice surgery. I Did one such a day so-called aneurysm the balloon the balloon located is the most most most difficult place everybody Everybody in the world know it is the most difficult and I killed The balloon successful way then the patient Okay, you come back home about two weeks then for the next surgery and then I spend with my family New year holiday in New Zealand. I remember what it So, you know patient of mine after they come back home. They becoming my friend We tax each other at the time. No blackberry. Yeah. How are you doctor? I'm fine I'm happy in New Zealand with my kids. Oh, we are so happy. We just having Satay in somewhere in the restaurant But doctor don't forget to remember to come back to Indonesia. Yeah, I remember my second hat Anyway, anyway, I Let my wife and my kid spend time more time in the cold coast and I came back for him what I promised So I came back. I think almost in the end of the year and We did it. We we we doing this second surgery Second surgery also difficult and very long a lot of an hours So, you know, you can imagine I removed the disease and I was closuring the scalp When I closed ring the scalp the anesthetist told me a cast up The heart stop beating of the patient, huh? You kidding? So invite you your colleague. I'm here check check check Maybe your cable is not connected Really, how can imagine so coming to three another anesthetist told me a car. Yes The heart stopped so patient died on the table behind my hand and you know and the time we have operating theater here and this is a glass wall and Sometimes, you know, I let the family Observe the city and the wife sitting Beyond the glass wall sitting and watching what I'm doing. Can you imagine?  I just I how can I talk I? Just say assistant you closely guy. I don't have no more energy for me so we just cried with her and Going home against, you know Eating all source. I don't know what I eat and my family's in the goal. Really. There's about three days Really no energy. It's really bad. You know how how bad my feeling. It's not my fault But again, how bad my feeling? So, you know what reintroduce me The wife tax be in a cell phone. Hey, how are you? We just come back from the grave of my husband Because the three-day at this ceremony three days after died. Yeah, we just come back. He said a car.  I Know you are very frustrated But go back That's it. What she said you need that is the only thing the only tax really really make me alive again There's two stories. This is very hard job, but again, that's re-energize me Okay, I come back again. I kept up with the challenging. So that's really happened with me and I have never forget all my life like this So you can remember the wife Who lost the husband re-energized me to come back again to my dangerous job So if I'm with patients sometimes they re-energize me And also if some of your students also re-energize me, okay Sometimes I go out bun with them because I know this is very young student They need a role model to reach the better future. So this make me re-energize I don't know how how to say in a theory, but something re-energize me So you you need to also what re-energize you of course, it's different right? But this is really my experience re-energize my career so last Keep balance working tireless and enjoying life I like also not really diving that snorkeling I like animals I like plants sometimes just This is to reverse. Yeah, not to re-energize but to refresh But re-energize is different. It might be this different that Remembering us that oh our job still far beyond that we have to straight. I Thank you very much for your attention


the Eric Camadeca show. I'm Joe Wombo, joined with Eric Camadeca head coach of the indoor track and field teams. And Coach, we talked last week about the Mac meet that you guys went and competed in this past weekend. I don't know if we were expecting this type of performance. Yeah, it was pretty crazy, just from a team standpoint as well as individuals. The individuals really stood up this year. We went from scoring 15 points on the women's side to scoring 100 this year, going one through four in the weight throw to begin the meet for the women and then the men's DMR team winning the DMR, setting a meet record was just a great start to the meet. I think those meet records coming out of the bat were just the way to make this statement. We're here and we're competing. And you told us before we started recording, six, was it five guys in the 60-meter dash? Yeah, five guys made it. We had lined up five guys in the prelims. All five made it through to the finals. We ended up going one, three, five, and I think seven, eight. Devonte ran out of his mind this weekend, setting the meet record in that, putting himself number 10, I believe, in the country in the 60s, so he'll most likely qualify for Nationals in that event. Then he followed up in the 200, held off the guy from Miss Accordia to set a huge meet PR, put himself number two in the country on that list. So we were expecting some big things coming out of him. But the other guys followed up too. We went, I think, five and seven in that as well. It's just incredible. It seems like every week we're talking, there's personal records being set, and then meet records being set, school records being set. What does that do in terms of motivation or preparation, getting in ready for the ECAC meet this weekend? Part of the whole recruiting pitch was when I first got here, was we wanna make ourselves a national caliber program, and being able to do stuff like this really shows that these kids are buying in and that we're getting that level. I'm going to ECACs. If we really went after ECACs, we're giving some people a weekend off and some break, but there's a chance that we could win ECACs as well. So this is showing the improvement of our program. And a lot of, maybe not so much expectations to win events in the nationals in the coming weeks, but at least be top finishers. Yeah, absolutely. We don't wanna put that pressure out there. They kinda know what they wanna do right now. We know what they want them to do and what they're capable of doing, but hopefully Devonte becomes an all-American to events. Danika, she goes out there, throws like she's capable of doing. She could be an all-American as well. And again, that puts us on the mat. It absolutely does. All-Americans are just being at the nationals and at ECACs and finishing well does a lot for the program in terms of recruitment and retention. Absolutely.  So it's just really, really great for the program. And very exciting for everyone. And it's a couple of weeks away, but the outdoor portion of the season right around the corner, what does indoor, the finishes that we've been having an indoor track and field do for expectations of outdoor? Yeah, we wanna carry the momentum that we have from this indoor season. We also need to give them a little bit of a break. So after nationals, some people are gonna have, or even going to nationals, everyone who's not going there is gonna get a little bit of time off to kinda rest, recuperate. But we wanna pick back up. Some of us will be competing on March 19th. And again, right out the gate, we wanna hit some of those Mac qualifying standards. And without trying, hopefully just go out there and compete and hit those ECAC qualifying standards. Well, coach, we wish you the best of luck and congratulations in all those, the awesome finishes at the Mac meet. He's Eric Camadeca. I'm Joe Wamba and this has been the Eric Camadeca show.


If anybody has any idea who this person is or has security cameras on their residence or anything, please contact the Johns County Sheriff's Office so we can get the footage and try to determine who this is.


Welcome to this month's non-farm payrolls webinar with me, Michael Houston, where we'll be going over the numbers, trying to identify where the key chart levels are. I think that's pretty important in the context of the moves that we've seen this week. Obviously what I won't be doing is telling you when to buy or when to sell, I can't do that, but I can certainly identify where the key chart points are, the key levels are. And also potentially where we're likely to head to next. And obviously in the context of the moves that we've seen this week, I think that's fundamentally important because I think one of the things about this week's price action is we've seen pretty much a one-way move since Powell's comments at Jackson Hole last week. I think that's really what's driven the moves of the past few days. It provided a significant reset, if you like, which I more or less expected when it comes to the Fed's determination to drive down inflation. It's also reset market expectations, I think, about whether or not to expect rate cuts next year and not in a good way because I think there had been this rather naive expectation that once the Fed had done raising rates that they'd suddenly do a handbrake term and start to head lower again. And with inflation at current levels, to my mind, that's just a pipe dream. The Fed's inflation target is 2%. Headline CPI is 8.5%. So for the Fed to start cutting rates, you'd have to be absolutely certain that inflation was coming down at a sustainable enough rate to get back to target. And given what's happening with energy prices at the moment, even if they are coming down today and have been over the course of the past two or three months with respect to crude oil prices, natural gas prices are still susceptible to further upward pressure. With the best will in the world, I think it's highly unlikely that you're going to see a significant fall back in inflation. Now, I could be wrong, but given the supply chain considerations, the disruptions that we're seeing there and also the prospect that food supplies for next year could be fairly tight given the hot weather that we've seen this year, the impact on harvests, the droughts in some areas, the floods in others, you're probably going to find that demand for agricultural commodities, corn, wheat, soybean, oats, rice and what have you, is likely to remain fairly high. At the same time, supply could be constrained. So you've got to price that in. And I would suggest that inflation is going to prove to be an awful lot stickier than perhaps has been the case over the course of the past 10 or 15 years. And I think that's really why you have to look at this in the round. And that's why we've seen yield surge over the course of the past couple of days. We've seen a big surge in yields of markets have started to price in higher rates for longer. For the last 10 or 15 years, the market has been conditioned to lower for longer. Now, in last week's market update, I suggested they might have to get used to the idea of higher for longer. And this week's price action, I think, has signified that sort of repricing. We've seen a big surge, not only in US yields, we've seen a big surge in German yields, UK yields, Italian yields. And those higher borrowing costs are likely to be reflected in the sell-off that we're seeing in equity markets. The cost of living crisis, the impact on consumer discretionary incomes and spending patterns going forward. So our earnings expectations too high. We've got earnings season starting again at the end of this month, beginning of October. Our earnings expectations set to high. You look at the US economy and actually it's probably doing better than perhaps people think that it could have been at this case in point. I'm actually surprised at the resilience of the US economy. That's also feeding into the stronger dollar narrative because ultimately, the better the data is for the US, the more emboldened the Federal Reserve will be to tighten monetary policy more aggressively. So earlier this week, we got some fairly decent ISM manufacturing numbers. The headline number was decent. The employment component was decent. The JOLTS numbers saw 2 million extra jobs added, taking the total to 11.2 million vacancies in the US economy. An unemployment rate of 3.5%. So last month's payroll number was 528,000. We're expecting 275,280,000. This month, we're expecting 300,000. So when we look at today's number, we need to be aware that we could get a miss potentially to the downside. But will that change the calculus of a Fed rate hike later this month? No, it won't. It might change the calculus in terms of 50 or 75 basis points. But even there, I hesitate to suggest that a bad number will stop the Fed by doing 75. Why do I say that? Because when you look at the ADP payrolls report and you look at the wage growth numbers there, private sector wages are growing at 7.6% in the ADP. If you are moving jobs, the inflation pay growth rate was 16.2%. That's 16.2%. So there is wage inflation starting to embed itself in the US economy. That is likely to keep the Fed very much on the front foot when it comes to timing policy. And there's only three Fed rate meetings between now and the end of the year, one of which is in September. We've heard a whole host of Fed policy makers say they want to see the Fed funds rate by the end of this year between 3.5% and 4%. It's currently 2.25% to 2.5%. So you're going to have to factor in another 100 to 150 basis points of rate hikes between now and the end of the year. Well, the only way you're going to be able to do that is if you go harder sooner rather than later. Front load, I think, is the term that's used. So essentially what we're talking about this month is at the very least 50, but probably 75. So a decent payrolls number today isn't going to basically diminish the argument for a 75 basis point rate hike. But I'm less concerned about the headline number than I am about wages. 5.3% is what we're expecting, but also the unemployment rate as well. The unemployment rate 3.5% could fall to 3.4%, but also the participation rate at the moment. We're not seeing any evidence that all of those people who dropped out of the workforce and post pandemic and retired early are starting to come back into the workforce. We're seeing it here in the UK. We're seeing a lot more people come back into the workforce as a result of the cost of living crisis because they need the extra money to pay the bills. We're not seeing that yet in the US. That's not to say that we won't, but certainly the evidence suggests we're seeing significant levels of headline inflation, food inflation, energy price inflation. Although in the past couple of months gasoline prices, petrol prices, as we know them, have come down quite a bit from the peaks that we saw a couple of months ago. So the question that you asked me, have we seen peak dollar? If you look at Eurodollar, and this is my Eurodollar chart, this is something that I talked about in April when I talked about the potential for parity on US dollar. You can find the article on the website. It's there in the news and analysis section in this section here. So just type in in the search box, parity, euro parity, and you can find it. And it's probably somewhere around euro parity anybody. So it's that one. So on 27th of April, I suggested that we could go towards parity. And we're pretty much there now. So the big question now is what happens next? Well, pure technical analysis, I've talked about this previously, so I won't dwell on it too much. If we've broken this triangular consolidation, we've ratcheted lower. We've hit my initial target of parity, but essentially we can go an awful lot lower to 96, 20 initially, and potentially even as low as 90 on over the course of the next 12 to 18 months. For the time being, we're finding a little bit of a base around parity. We're finding a little bit of resistance at 101.20, which is the highs of last week and also the highs of this week. But we've also got the downtrend line from the highs this year as well as the 50 day moving average. So it's important that even if we get a decent number from payrolls, I think the momentum at the moment suggests that we might have seen a bit of a short term base. We may see a spike lower, but overall I'm very much a seller of euros on rallies back into this trend line and 50 day moving average. We may find there are a few stops below 99, given the fact that we've held above it on three different days. So we could see a little bit of stop selling, but overall the direction of travel for euro dollar remains towards the downside.  This is we are just above the lows that we saw back in March 2020. That's a very, very big level now between 114 and 114 and a half. There is potential for us to get down there. The big question is, will we break below there at the moment? I'm hesitant to call a bottom on cable. But having said that, I'm also not prepared to sell it because sentiment around it is so bearish. Now, obviously, since that Jackson Hole speech last Friday, we've come down quite a bit. We've also got a new Prime Minister coming into position on Monday. And all of these doom laden predictions about inflation 18% by year in 22% by year in from Goldman Sachs, the city group are all predicated on the UK government doing nothing. Now, I don't think that's a likely scenario. So I think an awful lot of the doomsday scenarios that are being priced in are just that. And certainly I think what we're seeing at the moment with respect to UK guilt yields surging massively over the course of the past week or so. I think all their emblematic of is heightened inflation expectations and a bank of England that's likely to hike rates by 50 basis points when it meets in a couple of weeks time. There's certainly in a position whereby they need to probably be more aggressive in terms of how they reset interest rate expectations because there is a fiscal response from the government. We are going to get a sterling rebound dolly in again, we're above 140. You know, the first time we've been there in the last 24 years. But, you know, if we go back, say, for example, to 1998, the highs in 1998 were 147. This is a Bloomberg chart. Our charts don't go back as far as 1990. Then we've got 150. So we've broken above 140. We've broken above the highs in 2015. We haven't really gone back. There's nothing much between where we are now and those peaks back in 1998 at 147. So when you ask me, are we at peak dollar? Absolutely not. Not even close. Certainly not on the basis of these charts. And you've also got to look at it in the context of, you know, if not the dollar, where would you put your money? The euro, you've got to be joking. There's a distinct likelihood that Putin will cut off the gas completely. So I think this is the thing, the big question we need to ask ourselves is, you know, if you don't put your money in the dollar, where else would you put it? And it's going to be a very difficult winter for Europe and the UK. And that's going to depress or keep a lid on your dollar.  Absolutely. Is the dollar again overbought? Absolutely. But this is where you throw away your oscillators, because ultimately it's about what the price action is doing. So this price trend here is very much towards the upside. And we can see that there and we can also see that here as well. So very much towards the upside. The trend is your friend and we are heading towards potentially stronger dollar. So, especially in dollar yen, as I know only two well, once dollar yen gets in its mind that it wants to go somewhere, it's not stopping. So let's look at the S&P very quickly. We've come off quite a bit over the course of the past few days. We could find support of this trend line here. So that's fairly well supported there. We could see a little bit of a pause to the set off that we've seen this week in the wake of today's payrolls number. Certainly, I would be surprised if we see much more downside unless we see a significant beat to the upside. Again, here with this NASDAQ chart, it's probably not as significant. But what is significant is the fact that we posted a little bit of a hammer on the downside on the dailies. And that would suggest that maybe for this week we've seen the lows and we could start to ratchet a little bit higher. So, as I say, the important numbers that I'm paying attention to are two numbers in particular. The wage growth numbers. If they continue to edge higher, then obviously that's going to add fuel to the fire in terms of a 75 basis point rate hike, but also the participation rate and the unemployment rate. Because I think for me it's important to understand that we've already seen the market start to price in a fairly decent number today already. So, and we are also close to some very significant lows for the DAX, but also the S&P and the NASDAQ. So I think there's potential for us to have seen the lows this week. That doesn't necessarily mean we're going to not go lower. I still think the trend is down. But I think to be to be to get an aggressive sell off the day after the declines that we've seen this week is probably stretching it a little bit. I think an awful lot will also depend on what yields do as well. I think that's also going to be significant.  So I think an awful lot of the move in terms of yields, we've already seen the impact of. I mean, that's the UK two year guilt yield since the beginning of August. And at the beginning of August, we were just above 1.5%. Now we're at 3.16. You know, so that's a pretty significant move higher in the guilt yield. And ultimately that would suggest that the Bank of England or the markets think the Bank of England is going to be very aggressive when it comes to tightening rates or raising rates over the course of the next few months. We're going to get the markets pricing in a UK bank rate of 4.3% this time next year, which I think is probably a little bit excessive. But nonetheless, I think it gives you an indication of where we are now with respect to inflation. So a disappointing number is likely to see a little bit of dollar weakness. A little bit of a sell-off and euro dollars to go back above parity towards 1.101. Even a strong number will probably see a little bit of a push lower and euro dollar, a push lower, but I'll be surprised if we see new lows this week. So as I say, the key numbers for me wages, unemployment, but also the participation rate as well. So I'll be quiet now and I'll wait for the numbers to hit and I haven't forgotten about gold. I'll update that in a minute. So here we go. 315,000 on the headline number. That's pretty much in line with expectations. So that's not too bad. Unemployment rate was risen to 3.7%. So the markets are probably, it's going to be a slightly dollar negative to that. But the reason it's risen is because the participation rate has jumped to 62.4%. So people are returning to the workforce. And that's the first evidence that I think that people are now starting to come back because they need to change, because they essentially need to earn more money. Revised up to 526. So it's a minor, a fairly minor revision higher, sorry, lower on the headline number. So, you know, nothing much to see there. So it's a pretty, pretty neutral number when it comes to the actual headline number. There's an awful lot to unpack. But what I would say is that overall it's a fairly neutral number. The unemployment rate going up is a little bit disappointing. But that can be explained away by the fact that the participation rate has jumped by 0.3%. So unemployment may be higher, but so is the participation rate. God, that's easy for me to say. You know, and I think that for me is the key takeaway there. Up from 62.1 from up to 62.4 from 62.1. So that sort of explains to a certain extent why the unemployment rate. So it's not as negative as it first comes across. So as I say, we've got a little bit of a disappointment on the back of that disappointing unemployment number. But that can that can be explained away fairly easily by the rise in the participation rate. And if we look at the way dolly again has behaved, you know, there's not really much of a dollar move in this as the market absorbs the impact of those numbers. Now, talking about gold, because I was asked about gold beforehand. Let's look at the trend line here. This is a trend line that I drew in a few weeks ago. We've pretty much held that trend line. We've reached it ever so slightly. So, you know, that's a little bit disappointing, but it by and large has held the 1685, 1690 area. And that's likely to be the key support area going forward. I mean, particularly if we look at the way gold is traded over the course of the past few weeks and months, there's been a fairly steady stream of buyers anywhere in and around 1685, 1675, 1680 over the course of the past few months. And there's no reason to suppose that that will be any different going forward. If we draw a line in through there, we can draw it. We can draw that in there. And there you have it. So you've got fairly decent support in at around 1675, 1680. And that would that would suggest to me that at current levels, we could certainly see a rebounding gold prices back to this trend line that I drew in drawn in from the highs here in the 50 day moving average. So I think as we head into I think as we head into the end of the week, we're probably going to see a little bit of a consolidation. At these current levels, not only for gold prices, but for the dollar in general. In fact, I think as we head into the weekend, we could probably see your dollar head back towards these peaks that we talked about earlier today. You had a strong move down yesterday. We didn't take out 99, which would suggest we're probably going to get more chop now between those lows and those highs. If anyone's got any questions about what to expect next week. And I think that is part and parcel of why I think people are reluctant to sell off your dollar is we've got the ECB rate meeting next week as well. And there's been an awful lot of what I would call speculation that the ECB may well do 75 basis points next week, as opposed to the widely expected up until last week, the widely expected 50 basis points, which would push the headline rate into positive territory for the first time since 2014. So forget the headline rate for the ECB is at zero. So, you know, there's still, there's still quite a lot of catching up that the ECB needs to do. And I think that's something that we do really need to be aware of. As we look ahead to next week, some reason I've lost the, I've lost the questions section of. Oh, there you are. So just just found you. Okay, let's just do that. Okay. So talked about gold. Hopefully, hopefully you're happy with that. Looking dollar CAD and the Canada. Yeah, I mean, dollar CAD is another important rate meeting next week. But before I come on to the CAD, I want to sort of stop, stop finishing talking about the ECB. Now, in July, obviously the ECB raised rates by 50 taking headline rate back to zero. But we also heard an awful lot about the new transmission protection instrument or the anti fragmentation tool. Now, we already know that according to Lagarde, they are going to be fairly opaque, I think is the best word on deciding on the eligibility of each member country on an individual basis for those that would qualify the TPI. We did manage to establish that the country must comply with the fiscal rules as well on fiscal and debt sustainability and sound and sustainable macro policies. I'm not being funny. Italy doesn't qualify on any of those. And if they did, then they wouldn't need to use the TPI. So it remains very difficult to establish what the, what the criteria are for the TPI. And if we look at what Italian bond yields have been doing over the course of the past few weeks, they are starting to move into the danger zone of 4%. 4% was basically the highs that we saw back in 2018. And that's also these levels all the way back here. More importantly, it's the spread differential that people are very probably more concerned about when it comes to Italian yields with German 10 year bonds or 10 year bonds. And that's around about 250, 250 basis points, which is currently where we are at the moment. On a number of occasions, try and get above 4%. If we start to sustain a move above 4%, that's going to present the ECB with significant problems. And if you're talking 75 basis points next week, they're going to really struggle to keep a lid on Italian rates if they move by another 75 basis points or even 50 basis points at subsequent meetings as an awful lot of people are predicting. How do you manage that? How do you keep a lid on Italian borrowing costs when there's an election coming in September and you don't know what type of government you're going to get. So there's huge challenges for the ECB going forward, unlike the Bank of Canada, where we've got the potential for a 75 basis point rate hike coming this coming week. Now we had a jumbo rate hike at the last one of 100 basis points that caught an awful lot of people out. And it didn't really help the Canadian dollar because the Canadian dollar is even weaker now than it was then. But there is some sign that perhaps we're near a top in the dollar CAD. We're getting a little bit of a reversal here depending on where we close today. This looks like a bearish engulfing day. So it'll be interesting to see where we close today. And the last time we were at 132 we came all the way back. So next week's Bank of Canada rate meeting likely to be fairly hawkish. We've gone from 1.5 to 2.5% in July. We're probably going to go to 3.25 next week. Bank of Canada Governor Tiff Macklin has also indicated that more rate increases are coming. Well, we know we're going to get one this week, this coming week. Markets are pricing in 75 basis points. Why? Because the Fed is likely to do the same thing. So really it's a question of the Bank of Canada can't outfit the Fed. So the real question is how sustainable is a weaker Canada at current levels? And I would argue that when you look at this chart, this is a nice little top of 132. If we do break 132, then obviously you're looking at these peaks back here at 134. But for the moment, we could well have seen a short-term peak on dollar CAD. We've also got the RBA, Aussie Dollar. And again, Aussie Dollar. We're probably going to get another 50 basis points from the RBA. This is a four hour chart that we're looking at. Let's look at a daily chart. We are getting a little bit of a sideways consolidation on the Aussie Dollar. There is potential for us to build up. We look as if we could be building up a little bit of a base in the short to medium term. So we could see a little bit of Aussie strength. But it's going to be very difficult, I think, for the Aussie to rally significantly, unless we get a significant change from events in China. China this week announced another lockdown. This time in Chengdu, 21 and a half million people in indefinite lockdown. What's it going to do for the GDP outlook for the Chinese economy for the rest of this quarter in Q4? Whether it's getting colder, they're already locking down entire cities and we're not even in the winter yet. So unless China changes its zero COVID policy, then we're not going to get a huge amount of help from the Chinese economy. And to be quite honest, it's probably a good thing if you consider what that does demand for crude oil. Because I think the last thing the global economy needs is the most higher oil prices. So the fact that demand out of China is still fairly subdued should keep a fairly decent lid on oil prices. But also the fact that inventory levels are still at very, very low levels will mean that probably the bottom of oil prices in the short term is $85 a barrel. I can't really see us moving much below that, simply on the basis of the fact if we look at a Brent crude chart and look at over the course of the past few weeks, we found fairly decent support in and around these sorts of lows through here. So if I go and draw that line in there and then extend that backwards like that, we're probably going to see low nineties to be a fairly decent support area. But we've also got this uptrend line in coming in from the lows that we saw all the way back in 2020. So the downside I think is probably going to be fairly limited when it comes to crude oil prices, even with concerns about demand destruction and what have you. I think we're going to continue to chop for a while yet. Does anyone else have any other questions on anything that I haven't already covered? We've also got next week, apart from the macro stuff, China trade numbers. So China trade numbers are going to be interesting in the context of how strong is internal demand. Imports have been struggling pretty much all year. In June, we saw 1% rise in imports. Then we rose by 2.3% in July. We're still below expectations and we're expecting a 1.1% rise in August exports are still probably going to be fairly resilient, but they're still on the lower end of expectations. I think gone are the days at the moment when Chinese exports are going to be up in the mid 20s, 25, 25%, simply on the basis of the fact that obviously the Chinese economy is being hobbled by rolling lockdown. Stop start lockdowns, which is going to hamper the country's output, but also supply chain disruptions are likely to remain a constant over the course of the next three to six months. So China trade is likely to be disappointing, probably likely to see another increase in the surplus Chinese governments already thrown in the towel on its 5.5% GDP target for this year. It's now saying we should be considered a guide. Well, you know, in reality, you know, the target has been wishful thinking since April, when Shanghai was locked down along with the rest of the country, and we still haven't really recovered significantly from that. So what do I make of US indices? Quickly, we talked about the trend line support and we talked about the hammer on the daily charts. I think we could have seen a little bit of a short term base there. So I think we could we'll see markets hedge, hedge, hedge higher heading into the close. We certainly we're certainly seeing a slightly more big tone after the week that we've had, which is not altogether surprising. I think you're getting a little bit of buying heading into the weekend. Certainly, certainly noticeable on the NASDAQ. As I say, just before we went into the numbers, I noted this doji here or this hammer here, which suggested that we could see a little bit of a squeeze higher heading into the weekend. But see 100 talked about that a little bit. You know, we're very much in we're very much in a range on that. So I don't expect to see that dropping sharply. If you look at the way that it's traded over the past two or three years or the last year or so, you know, it's been a range and I expect that to continue going forward. The DAX, again, I talked about those lows and the trend. The trend is down. But while these lows are intact, it's interesting to know that every rebound off these lows has got shallower. So, you know, I think in the short term, we'll probably see another rebound. But unless we take out and break this downtrend line, then we're probably going to see a retest and a break lower heading into the autumn. Okay, so ladies and gents, that I think is my summing up. One thing also to keep an eye out for next week is that there's Apple are holding a product launch event. So let's have a quick look at Apple, because I think that'll be interesting in the context of what they're looking to roll out. Let's not forget the pre Christmas and Thanksgiving is normally their most lucrative quarter for earnings. You know, we're talking $120 billion in a quarter for revenues. So, you know, it's, it is a very important quarter when it comes to Apple's overall fiscal year. We are expecting the unveiling of the new iPhone 14. What upgrades are coming on board? We're also expecting a new watch, some new iPad models in the form of a new iPad Mini and an iPad Pro. What are these new products going to come with? Are we going to get a new chipset? Are we going to get longer lasting batteries? Are we going to get more powerful cameras? What else have they got in mind in terms of accessories?  Are we going to get a decent rebound on in the wake of that event, which is due on the 7th of September? Other items to keep, we've got dark trace for your numbers, Barrett developments, the housing market, we've got downgrade to that from HSBC. Those, the share price for Barrett is down at 2020 lows, March 2020 lows, you know, how much of that is already priced in. And we've also got GameStop second quarter numbers, which I expect to be an absolute horror show on the basis of the fact that they were talking about launching an NFT marketplace by the end of the current quarter. And that market has completely collapsed in the last two or three months. So, those are the things to keep an eye out for. Hopefully, that's answered all your questions and you've enjoyed the payrolls number. In the next 24 to 48 hours, you should get an email asking for any feedback on the webinar. Always grateful for feedback, positive and negative, because ultimately these webinars are about you, essentially, you know, what can we do different, what can we do better? Because ultimately, the more people I can get to tune into these things, hopefully, the better they can become. Otherwise, thanks very much for dropping in and have a great weekend and there won't be a payrolls webinar next month, October. I'm away for the week. I'm taking my other half away to Iceland for her birthday. So the next non-farm payrolls webinar will be in November. So I will see you all then have a great weekend. Thank you very much for listening.


Day one of the 50th Street inaugural tour features a visit to the replay arcade museum in Tarpon Springs, Florida Where I found the world's largest production pinball machine that uses a cue ball a Complete series of videos and interviews will come later this month after the tour is over Meanwhile follow 50th Street for tour updates every day