Okay, hello and welcome test test Just getting things all set up. We'll do a bit of a rundown Starting in the next couple of minutes. Just gonna get everyone on board For this latest release of US non-farm payrolls coming out in just over 15 minutes So welcome welcome everyone Okay, George back house Good to have you on Andrew. Hope you are well. I Haven't seen your face appearing in any other adverts recently Andrew What's the latest? Samsung Apple Okay, we'll give it a few minutes get people on board And then we'll have a bit of a run-through about what we can expect from the upcoming Payrolls figure. Okay. Hello. Hey Finn. I hope you well Okay. Yeah, just getting everyone else on board People logging in We'll give it One more minute and then we'll have a bit of a discussion Look through the charts and talk about what's been going on and then What we can potentially expect Coming up shortly. Okay. Hello. Just joining us. Have you well? Yeah, a bit of an impromptu live session Non-farm payrolls, but I know that we are amplified working with a few different groups at the moment. So I Just wanted to do this live as a as an exercise to go through a major news driven event And I know a lot of people actively trading this day today. So more than happy to jump on They're gonna have the score come throughout So should get the audio announcement as well when the news lands, but I'm gonna turn them off for the moment And let's get straight into it. So yeah, thanks very much for joining me. I'm gonna be live Probably between from now for half an hour. So the run-in the live release will do some immediate Post-market analysis. I'll try my best to pick up questions as we go along But definitely towards the end more than happy to help my mom if I can so What is in store? Well the release of typically What is traditionally one of the major data points coming out of the US and particularly at the moment in the context of Everyone asking the question about What is the state of the US economy? What is the speed of the slowdown ari in a recession? And all of this essentially is shaping then the discussion of What are the feds gonna do come their meeting their next meeting is actually quite a way off It's not until the 21st of September. I must stress them that even from the onset Given that exact reason I am slightly more leaning on the side that this data Probably won't have a lasting impact Not unless it's surprisingly shocking for whatever reason and the reason for that the rationale is that we're gonna get another labor report Obviously the September one before then the Fed decision. We've also got CPI reports to come another very important information as far as the Fed are concerned as well as market participants Which is gonna really shape that expectation for the September meeting You know such as like the saying in politics, you know, like a week is a lifetime in markets You know a day is a lifetime So if we're talking about speculating our markets right in their positioning and what does that positioning look like at the moment? well, if you're looking at the Federal funds rate futures so the short end to get an idea of that that's most kind of ultra sensitive to interest rates Changes in expectation at the moment probabilities reside with a 50 basis point rate hike But only leaning in really a 60 40 split 60 in favor. This is current market positioning of 50 and the remaining 40 games still for a 75 clip Which would be in fitting with the back-to-back 75 as we've already had so Obviously, this is all very important for how the market might react right now How important or how accurate these figures for September? I think you need to take it with a large pinch of salt and where we're at at the moment in time Because of the time difference as I've said so as far as non farm payrolls is concerned Let's talk about that a bit more detail There there are a number of things to be aware of if you are going to ever trade this as a news driven event The first thing is is the mechanics of how this information comes out And that is that there's a lot of information and so therefore trying to be super aggressive Hit market At market price is never really a sensible strategy. I don't think when it comes to non farms I think you've got to be much more disciplined and pick your spots Thereafter the initial noise that you typically see The common question then is well, how long do I need to wait to pull the trigger? It really depends it really depends on the quality and composition of the numbers you're about to see so as far as the numbers are concerned and I always talk about payrolls in an in an algorithmic First in first out type system reaction because that typically is what the initial move is based on You will see if you're new to watching payrolls Which I know some on the call are is that? Going into the release you start to see lots of jumpy price movement in your kind of main US products So S&P or the T note or the US dollar so you're a dollar something like that you'll start to see in the seconds just before the data comes out lots of jumpy price action, which is just a byproduct of the Illiquid nature of the bid offers going into the release so the market starts to jump around a bit You almost see this instantaneous Lift in prices or the opposite as soon as the number hits and that's the kind of The owl goes plugged into like the fire hose, which just snap Pull the trigger and they fire Dependent on the first input the first input is the headline change in non-farm payrolls so Again just covering all bases non-farming to extrapolate out the kind of seasonal jobs that we get in the US and looking at the Employment situation on a national perspective gives us the kind of life blood if you like of how the economy is performing and like to perform will give us some insight about the future and So here you're looking at a figure of 250,000 which is a quite a market slowdown in a number of jobs that were created in the prior months Which was 372,000 to have that to have a bit of perspective We've been kind of hovering around this 380 mark quite consistently so this is a leg down from that to some degree and I guess a lot of that is conditions of cooling Amid the tight labor market that we have at the moment and as you can see it's far lower figures than what we were seeing During the period of kind of Q4 of 21 and Q1 of 2022 so ranges are super important and Something that should not be downplayed and what I mean by a range. It's these subsequent figures here so 75 and 325 if you're trying to think of it in your mind's eye as a normal distribution Kind of curve and these are of Wall Street estimates So straight down the line the median estimate is 250 on the outer extremes. This gives you then your kind of framework of Expectations so the extremity of the most optimistic 325 most pessimistic 75,000 This is important because then breaches of these outlying extremes of that distribution of expectations Subsequent me creates a much larger initial knee joint reaction certainly as far as an algo is concerned You know basic rule parameters It breaches top level of this exercise position size more larger of that so Key here and the reason why not to get too involved in the initial spikes if there are any Is that non-farm payrolls is more than just one number if I just made it a bit bigger You can see here. There are private payrolls manufacturing payrolls government payrolls Unemployment rate average earnings month-to-month your in-year average weekly hours The list goes on and then you can double down and you've got Canadian data here as well one thing I would suggest is Personally, I'd recommend never trade the CAD currency on the release of non-farm payrolls Canadian jobs data comes out at the same time and it's like trying to catch hot hot knives like a Falling knife. I should say it's like it's impossible. It's so volatile if you're looking at the CAD So if you're looking at US instruments, I'd say just focus on the US figures first one being then the headline changing non-farms The unemployment rate that is expected to remain constant at 3.6 and then keep an eye on the average hourly earnings numbers They're expected to be at 0.3 and 4.9 4.9 nearing years a leg down from what it was previously Which was north of 5% giving us some indication about this inflationary Perspective if you like of the current economic Situation they're the main ways to interpret this you've then got to look out for the revision to the previous So if you get a headline beat, let's say What if the revision to the previous is down? if in a sense then that Neutralizes any positivity on more jobs being created in the prior month because the month prior to that was revised down So net net is a neutral reaction So this is where you get lots of two-way price action and you've got to be super careful of that All right, got a couple minutes. So final things I Was looking at I think there's a crib sheet here. Yeah So Well, this is the old crib sheet in fact, so I don't have the latest one But to give you an idea here is from an educational point of view what people will do ahead of non-farms is You will look for indications of the state of the labor market ahead of the official government report now that could come from challenge job cuts, which is just a measurement of Private sector job cuts in different areas like technology finance healthcare and whatever then you've got benefit claims So initial and continuing claims and we generally track these on a four-week moving average Which allows us then to see if there's any unusual patterns there Which might indicate more people less people claiming benefits. You've then got ISM So the Institute of Supply Management. You have a fact a manufacturing reading and a service reading when you break those down they have component kind of constituents of which include things like The state for personal managers in manufacturing for new orders for inventories. These all gives us different types of information to help us I guess substantiate our view on where the economy might head in the future But it also gives us an idea about the employment situation for those two key sectors that make up the economy You don't have other ones like more confidence based on the consumer level So in Michigan and the conference board the ADP figure Not so much available this time, but typically is seen as quite a main precursor that's private payroll measurements in America and statistically speaking should be fairly correlated in a way Or be it's not always the case to what the Labor Department's report would suggest So this is kind of the overall summary So in terms of reaction As I said the overall range on the headline is kind of from 75 on the low to three to five To be quite honest with you a number on either side of that. I'm not really that fussed about in terms of Shifting meaningfully the market's expectation about what it thinks that the Fed is going to do and subsequently then creating a large or indeed sustainable impact on market prices That doesn't mean we can't we might not see some short-term price gyration We probably will so a certain extent the way this would typically work I guess from a reaction function is if we get a low ball number. So let's say we get a Step down in jobs into a negative print Which is not expected even at the most pessimistic estimate and then you get average out of the earnings also down Which is kind of lowering that inflation argument then that means that the Fed are probably going to have to slow down even more on their future tightening and that would be probably NASDAQ equity US equity Positive it would probably be dollar negative. So you're a dollar cable positive T-notes would probably move up because yields would move down and gold may appreciate under that scenario So just to give you some some kind of context as to how short-term market mechanics might work But again was payrolls as I showed you on that initial kind of list of data There's a lot going on my best advice always with payrolls it's just remain disciplined and Interpret and then look to take action accordingly the more uniformity there is to the numbers pointing in one Direction the easier it is to trade the more mixed signals you get the more reason to stay out of the noise and not get involved Unless you get an extreme scenario All right, I'm going to turn the squawk on and then we'll listen in under one minute Okay, just under 30 seconds so on my chart I'll make them bigger as we talk through them I've got you're a dollar left cable gold S&P and NASDAQ I can bring in oil T-notes US dollar index and the rest as we go through it Okay, should be about 10 seconds now 10 seconds 5 to 8 that's 5 to 8 but they expected of it to you at 50 The unemployed rate 3 spot 5% works within 3 spots 6% the prior was advised higher to you at 3 9 8 And the earnings mother mother 0 spot 5 books but the 0 spot 3 year of year 5 spot 2 So it's a bullish report across all major headlines forecast beating top of the estimate busting headline The unemployment drop dropped more than expected an average hourly earnings are up. So more inflationary So higher jobs and more inflation. So dollar immediately catching a bid Stocks not liking it at all. This is the opposite of that scenario. We just discussed So this is where you've got really healthy job creation with inflationary pressure the Fed are gonna have to tighten faster So dollar appreciation yield appreciation stocks don't like that scenario And so we're getting downward pressure on the NASDAQ 100 S&P down currency pairs down and gold down as the dollars popped on the back of that information 34 spot 6 so just So just in terms of the overview of that report then so that was a substantial beats on the headline there 5 to 8 We've expected to 50 an unexpected decline in the unemployment rate and the earnings components were further than expected So are we are seeing some immediate downside here in the treasuries Downside in the equity complex and appreciation of the dollar which is ripped through the 106 mark Which have been kept in the index it's like high on 106 51 Yeah, so the squawk just kind of reiterating what we were just discussing there. So it's surprisingly Strong and it's all as I said, there's a uniform direction to the data which makes the directional movement in assets much more clear So as you can see here the NASDAQ's at quite a critical level now short-term because we're just approaching the low that we printed in Yesterday's session. So be interested to see how the NASDAQ responds here finding and you can see that those initial speculative shorts on the NASDAQ hit on the back of the number You can see just some bailing out of that as we've initially touched that low that we had at 13185 In the futures market. So that would be a key level any further breakdown in the NASDAQ there then it could trade quite heavy down to that double top that we had on the first and the second of August Which would be a decent run lower Elsewhere looking at cable. It's quite an interesting setup as well. So the dollar The dollar movement on the back of that So just coming down to in cable the low that we had on the trough of the Bank of England kind of doomsday Sterling led weakness from yesterday on the back of a prolonged deep recession and That lines up marries up nicely with that low that we had on the 29th. So for me, then there's some key technical areas here We need to watch from a Support perspective so you've got this level here in cable and Really want to see what it's like when it's testing if we start to see the NASDAQ break out and cable break that level You've got gold also Similarly, just testing it around those lows. You can see here This is quite a key level for gold as well around this current level. You've got that high that we had So some of the price activity On the third it was an inflection point through yesterday's session came back found a nice support there yesterday afternoon We're right there at the moment. So now it's about if it's just The ship has sailed for the short to hit at market now. It's about now decision time You can either play the market back up and fade the move But that would be counter-intuitive of the fundamentals. We've just seen so to initiate the short here If you were that way inclined, I would have to see these levels gold Cable NASDAQ they've got a break and then come back to the pullback on the break level To then want to get in and and get into that short position So only then under those conditions I would say would you really feel a bit more comfortable with conviction to want to enter that market So here just marking up. This is the key level see the NASDAQ's just sort of testing it at the moment And then as we come further down the next level in the sand would be here And that would be a nice execution on the short But again, I'd want to see the correlation play out to give it a bit more momentum That that could then add to what already is a pretty decent initial snap on the move Just a quick look at T-notes. I'll make that big Here's the US 10 year. So as you would expect yields popping on that kind of hawkish report That doesn't look too interesting at this point in terms of technically where it's sat Not unless we start to get quite a bit further lower So I wouldn't be using that so much as a technical cue on those support levels like those other products But here certainly I'd look at it from a momentum perspective to just see how that downside is shaping up Yeah, the NASDAQ's having another little look at that level Gold though not playing to that tune So gold's had a decent bounce now off that low and that Just keeping an eye elsewhere terms of the other figures to be aware of the birth death adjustment Terms of net birth death forecast 309,000 The two-month net revision was a positive 28,000 so it's pretty much across the board a very a very hawkish report And it's definitely going to fuel the flames now back towards 75 away from 50 So that 60-40 split that we saw that will already be in flux right now And obviously we can revisit that just before we come off To see where the land lies Yeah, in terms of the yield curve to two tens yield curve inversion has Is now To minus 42.5 basis points now to make this make sense essentially This data would suggest then that I've got a hike more aggressively That then is going to create then a Bigger economic slowdown So you're going to get higher yields in the short term Decreasing yields in the long term further inverting the curve essentially so it would mean then that The market is kind of reacting in a sense to the fact that you know in an aversion type play That things are going to get worse because the Fed are going to have to be more aggressive in the short term Hopefully that makes sense Yeah, just looking at it at the moment It's losing a bit of appetite now see the NASDAQ holding here in that bottom chart Cables holding gold is holding What you tend to see when you start hitting these these key technical areas is the market Comes in kind of waves You start to see like the order flow come in the momentum the shaping up of the candle on a very short time frame And you can almost judge then the waves of when we're attacking these the substantial levels And so at the moment this we still need to observe it Everything is still very close proximity to these key levels You just need one big order to come in to snap through one of these levels and then it could get quite interesting again Yeah, an interesting point as well I guess to keep in mind is that in the run-up to this release I was talking about the nature of the fact that the Bank of England or the Fed They would have they've kind of kept the language of data dependency and Wide essential banks do that they do that Because of the reason of then They have not pre-committed to a certain course of action far out in the future, which is highly uncertain So then if you say we're only going to react to however the data suggests at the time Well, then this data suggests the Fed should be hawkish And so again, hence the rationale behind the type of market moves that we've seen so You know Importantly and this comes then the test if the Fed's going to really live up to that credibility and be data dependent You probably are going to see a meaningful shift back to 75 But as I've said before there's a long time to go and a lot can happen Between now and then including another payroll report So that's not to say that a 75 is a shoe-in Just because of what we've just seen materialized But for sure the readjustments the recalibration in markets is what we're seeing in a in a short-term intraday reaction Yeah, in terms of the Canadian numbers The employment change minus thirty point six thousand Expected was for a plus 20k So big miss and their unemployment rate four point nine percent gets expected five Okay, just while I'm on few things if I may for one Don't forget to follow us on the various social media channels If you're new to the YouTube channel, don't forget to subscribe We put out videos live sessions things like that which definitely might be of interest to you if you're interested in markets There's the Amplify me LinkedIn my LinkedIn profile if you'd like to connect with me There's a new Podcast episode that is about to drop any moment that I recorded earlier this morning. In fact It is already live So feel free to check that out if you just subscribe to the podcast channel turn on the bell You'll be notified every Friday when our new episodes come out if you're not on the newsletter Then feel free to get involved At the end of every European trading day I put out a newsletter just wrapping up some of the major news and events Job tips as well things like that for any students looking to work in finance. You might find useful And then also our finance accelerator. I've put the link there as well. You might find interesting if you've not done one And you're in the early part of your career or your students still kind of figuring things out Then that is the simulation for you for sure our final internship Program Our summer analyst training program takes place on the 22nd of August For anyone interested Alright, unless there's any questions, we'll look to wrap things up. I'd love to stay on all day But I got tons of other stuff I need to Tackle and definitely just keep an eye on the newsletter and stuff like that that will all go out At 5 p.m. Today as per normal, but yeah, thank you everyone for joining us Yeah, nice nice reaction. Actually pleasing if you're If you are observing Markets, it's always nice to see a bit of bit of market movement to give to finish things off then just to give you the market reaction So remember before we were going into the Fed meeting The split was 60 40 in favor of 50 basis points that split has now flipped And it is now 60 40 if not more leaning in favor of 75 Cool. All right, we'll wrap up there. Thanks everyone. Take care. Have an amazing weekend and Yeah, check out the podcast latest episode just recorded So hopefully you might find it a useful summation of the week and I'll see you next week


Hello and welcome to the session. Today I will help you with the following question. The question says construct the following quadrilateral rhombus B E N D where B N is 5.6 cm and D E is 6.5 cm. Now before drawing the actual figure first let's have a look at the rough sketch of the quadrilateral B E N D. Where B N that is one diagonal of the rhombus is given to be 5.6 cm and the other diagonal D E is 6.5 cm. Now let's move on to the solution. Now we'll construct the rhombus step by step. Now visualizing the rough sketch of the rhombus B E N D a first step can be draw a line segment D E equal to 6.5 cm. So as you can see we have taken a high segment B E of 6.5 cm so we have got one diagonal of the rhombus B E N D. Now we will construct the other diagonal B N of the rhombus B E N D. And we know that the diagonals of the rhombus bisect each other and are perpendicular to each other. So in order to draw the other diagonal we will draw the perpendicular bisector of D E. And for this first we take D as the center and radius more than half of D E and make an arc on both sides of D E that is above D E and below D E. So our second step is with D as the center and radius more than half of D E we make arcs on both sides of D E. So as you can see we have drawn arcs on both sides of D E of radius more than 6.5 cm that is D E. In the same way taking E as the center and radius more than half of D E we make arcs intersecting the previous arcs. So our third step is taking E as the center and radius more than half of D E we draw arcs intersecting the previous arcs. So as you can see taking E as the center and radius more than half of D E we have made arcs which are intersecting the previous arcs. Now in the next step we join these points of intersection of the arcs. So our next step is join the points of intersection of the arcs. So we have joined the points of intersection of the arcs and we have named this line as X Y. This is the perpendicular bisector of the diagonal D E. Now let's mark this point as O. Now we are given that B N is 5.6 cm. So now our next step would be to locate the points B and N. So now to locate the point B what we do is with O as the center and radius equal to B N upon 2 and that is equal to 2.8 cm. We mark an arc on O X. So we have made an arc of radius 2.8 cm on O X. Now let's mark this point as B. In the same way we will mark an arc of radius 2.8 cm on O Y. So to locate the point N what we do is with O as the center and radius B N upon 2 and that is equal to 2.8 cm. We mark an arc on O Y. So we have made an arc on O Y of radius 2.8 cm. Now let's mark this point as N. Now we join the points B and D, B and E, D and N and N and E. So as to obtain the rhombus B, E and D. So now in the next step we join the points B and D, B and E and E. So as you can see we have joined the points B and D, B and E, N and D and N and E. So B E and D is the required rhombus where B N is 5.6 cm and D E is 6.5 cm. Hope you enjoyed the session. Have a good day.


This is the village of Ro Chai. Located high in the mountains of Vietnam's central plateau, it is part of the Dalat area. To this relocation village come the Vietnamese mountain dwellers known as Montagnards. A civic action program is underway here to improve the health and well-being of these primitive people. These films taken on 11 December 1965 show a friendly visit to the village by a signal group chaplain and two civilian missionaries. For the chaplain this is a regular part of his routine. He visits the tribes in the Dalat area quite frequently delivering simple sermons and distributing small gifts. The grown-ups of the village look forward to these visits as much as the children. The Montagnards undernourished and in poor health when first brought to this relocation village are steadily improving under the civic action program. Members of the 502nd Battalion 101st Airborne Division are briefed at a command post outside of Bencott. It is 9 December 1965 and word has been received that Viet Cong forces are entrenched on a big rubber plantation some five miles to the west. The mission of the 502nd is to conduct an assault landing by helicopter and sweep the plantation for any hostile units positioned there. Arriving at the plantation the men of the 502nd are joined by local friendly natives who act as their guides. The informants point out the carefully screened hiding places of the Viet Cong guerrillas. Dugouts and tunnels are scoured for enemy personnel but only a few items such as this propaganda poster are found. Throughout the plantation area troops are deployed in patrols searching fields roadside ditches and thick patches of woods. The Viet Cong are nowhere to be found however and the search goes on hour after hour. At a shallow river forward some of the men load up with jerry cans of fresh water. It will have to be boiled to purify it and then cooled before use. Armed guards cover the jeep crews. Down the road to the east land mines were discovered when one blew up killing some of the airborne infantrymen. Clearing work started immediately. Meanwhile some of the sweep teams take a few minutes out for a water break. The plantation though a scant 25 miles from Saigon is located in the famous D zone seen of some of the toughest Viet Cong resistance of the war. Radio contact with search teams in the area reveals the same story as before. Still no enemy forces sighted. Additional troops arrive to broaden the scope of the mission and with them the battalion chaplain who drove up in his jeep and prepared to conduct services for the men. Even with their small field altar out in the open these clergymen are a great comfort to the fighting men. Through the courageous service of these chaplains the combat soldier remains strong in spirit and resolute in his duty. With operations now in full swing the flying infantrymen move up in force and fan out to search more deeply the surrounding terrain.  Contact with the VC is not established however and finally the mission is called off. The first cavalry division air mobile is implementing the air mobility concept in Vietnam and these films of the division were made from 9 through 11 December 1965. At An Ke the first air cave has established a highly complex and sophisticated base of operations embracing not only air operations but major maintenance of all organic helicopters. This includes tactical aircraft as well as support copters. Leading elements of this division first arrived in Vietnam on 15 September 1965 and proceeded to An Ke. This base and all of its facilities have been developed in this wilderness area since that time. Last summer on the 1st of July 1965 the first cavalry division was designated the first air mobile division in the United States Army. Here in Vietnam the division is a mighty busy outfit. The maintenance work on aircraft is carried out on the flight line intent covered Konex containers converted into shops and on rollaway engine stands out of doors. Aircraft upkeep and testing is constant day after day to make sure the fleets of choppers are operational at all times. The work being done encompasses not only normal maintenance but repairs to the assault helicopters which have been damaged by Viet Cong ground fire. The most delicate work for the aircraft mechanics is that which must be done on the rotors of the helicopters. Minute adjustments of bearing assemblies and pitch adjustment along with other critical maintenance is carried out in the tent covered shops. This is to keep stray particles of dirt and other foreign matter from blowing on to exposed vital parts. Out in front of the engine and powertrain shop two men of the 229th maintenance battalion install a hot end on a UH-1D engine. In addition to the B level maintenance carried out here in the shop area line mechanics handle regular servicing out on the flight line. To support this maintenance work there is a parts supply depot near the shops but the sprawling first air cav base encompasses much more than the maintenance facility for helicopters and the overall installation continues to grow. These men are pouring cement for a new mess hall floor. In other localities around the base more new buildings are being erected. The complex already includes administrative buildings, communications, air ops and several other structures. A large pol dump supplies fuel and oil for the aircraft. This is the air field at Ankay. It is the home of the division helicopters and has become known to airmen all over Vietnam as the golf course. A multi-purpose field it is capable of handling aircraft as large as the Air Force C-130s and it is not uncommon to see a dozen or more helicopters taking off at one time. The UH-1D helicopter is one of the most versatile choppers the first air cav has. The workhorse of the cargo copters is the big CH-47 Chinook which is used to deliver everything from troops to field artillery and there are the smaller helicopters used in recon work and air evacuation of the wounded. Everywhere you look helicopters fill the landing pads or the air over them. The business of the first air cavalry division is air mobility and that means total air delivery of everything required by the fighting men of this division. Whatever the airlift requirement of the mission may be there are combat ready troops and machines here to fulfill that requirement. Getting away from the air field for the moment there are still other areas of the base to be seen. In the division headquarters area a military museum has been set up. On display here are various types of weapons captured from the Viet Cong during helleborn assaults upon enemy forces by the flying cavalrymen. The communist made recoilless rifles and other pieces attest to the success of those past airborne missions. Conventional fixed wing aircraft such as the CV-2 caribou are also used by the division for a number of other chores requiring more speed than is available with the helicopters. All in all the control tower personnel here see nearly as much daily air traffic as the control towers of many big U.S. city airports back in the states. To the Ankay airfield come all kinds of airborne cargoes. When this film was made the Christmas mail for the men of the division was pouring in by the plane load but the big C-130s of the air force and the cargo carriers of the first air cavalry division bring in every conceivable item of materiel from vehicles and aircraft parts to containers of aircraft fuel and office supplies everything and anything that is needed for daily routine as well as tactical materiel for air assault missions. To handle these heavy loads the runways and parking strips were surfaced with weatherproof heavy aluminum mats. One of the most interesting helicopters in service with the division is the Sikorsky CH-54A flying crane. It was designed to airlift the heaviest materiel and offers a variety of cargo handling accessories. On this particular mission a damaged caribou aircraft is being transported from Ankay airfield to the fixed wing aircraft repair shops at Quignon. The caribou's wings and parts of the empanage are being carried in the cargo pod of the cameraman's flying crane. While the caribou fuselage is being delivered by one flying crane the other is touching down with the rest of the caribou parts. Waiting ground crews move in and the unloading begins at once. This mission is typical of the daily routine for the big helicrains and as a matter of fact the flight crew had barely completed this delivery before they were given a new assignment. An AD-6 sky raider had crashed while making an approach at some airfield and it now had to be airlifted out to a navy LST in the harbor which would carry it to Danang for repairs. And so the lift hook is made secure and locked and the cargo is ready for transport. From inside the sky crane you get a better idea of what it's like to transport a heavy free swinging load. The rudder of the payload serves as a wind vane and helps to stabilize the damaged sky raider in transit. Finally we are over the LST and the cargo at the end of the cable is decked. Back at Queen Yawn other deliveries by flying crane are being made. In this case the fuselage of a UH-1D helicopter is brought into position and lowered on to a bed of old tires where it will be checked over later. Returning to An Kei and the first air cavalry division base we find the day-to-day activities of the outfit much the same as before their arrival in Vietnam. The post office is still a kind of link with the folks back home and the barbershop is busy as usual. There's even thought given to the question of re-enlistment. Despite the fighting here Vietnam is an exotic and interesting land. In typical American fashion the streets and roads of the base have been given stateside names and as you can see vehicular traffic is rather steady as people scurry about carrying on the work of the division. In the days recently before these films were made the area had been inundated with heavy rainfall and the roads were in bad condition. But the prime mission of the division is to take the war to the enemy. On this combat assault helicopters of the 229th aviation battalion airlifted a battalion of first-cav troopers into Ka Nuck. All aircraft in the lift received enemy ground fire and an armed chopper was brought in to strafe the area. The heavily wooded terrain below makes spotting the enemy difficult. Down there the Viet Cong have begun firing at us and our gunners return the fire. It seems the snipers are located around the edges of those openings so the pilot drops down for a closer look. At treetop level you can see pretty well but the enemy stayed hidden. After the first attack for the choppers had ended they returned to the base for more ordinance and refueling. The full load of rockets and ammo for the M-60 has been expended in the effort to eliminate the enemy snipers at the LZ. Evaluating these strikes is difficult because unlike fixed targets the Viet Cong guerillas use the endless jungles of this land as a living screen behind which they evade contact and disappear with amazing swiftness. Fragmentation weapons like these rockets are one answer to the problem of eliminating the Viet Cong snipers once they are pinpointed. And so the refueling, the re-arming, and the flying of these missions goes on. On a surveillance flight over the division sector the character of this central plateau country unfolds below. The establishment of the division base was accomplished only after hewing the wilderness to meet the requirement. Up ahead lies the valley land of Pleiku Province. Besides its heavily wooded hills it is largely an agricultural region producing crops of sweet potatoes. Remote from any of the major population centers of South Vietnam the area has few roads. In every sense this is back country and the farmers who live here employ only the crudest methods of cultivating the land and harvesting their crops. The top of Hong Kong mountain overlooking On K Pass offers radar cover for the entire area. Where the war is concerned this type of terrain is to be found over much of South Vietnam between the 15th parallel and the 17th parallel the Northland of South Vietnam. In this kind of country embracing jungles and overgrown valleys without roads the air mobile striking force of the first cave is at its best. Here the ground combat troops of the division are deployed against the Viet Cong swiftly and without regard for the unfriendly terrain. Below us the peaceful village of On K belies the continual feverish activity of war which is taking place at the airfield just beyond. In an operation where so many types of helicopters are constantly in use the requirement for servicing and support maintenance is unusually high but the organization of the air mobile division is such that the maintenance support element is prepared for this problem. A level maintenance can be carried out in the field if the job is relatively uncomplicated and can be completed within four hours. Bigger more complex repair jobs are B level maintenance and are usually done at the division base within a 72 hour time limit. If the difficulty cannot be corrected in that length of time the job is sent to rear echelon for C level maintenance. Like everything else used by this division the work is sent to the rear by air lifting it out. The sky cranes seen earlier are capable of transporting any aircraft used by the division. Watching the crowded airspace overhead you understand more readily the amount of aircraft maintenance being done. As formations of assault helicopters whirl away on their particular missions other squadrons are returning. Other armed helicopters take to the air to provide fire support for the troop carriers. Then there are the recon helicopters always shuttling back and forth on one mission or another. The support command of the first cavalry air mobile division has a variety of assignments to carry out. One of the most important is to deliver the division's artillery. With an air assault underway the gun crew loads a 105 howitzer into a waiting shinok. It will be flown to a strategic ground position where it can be used to support the assault. Ammunition for the field piece is palletized and with the aid of a cargo sling is also airlifted along. Unloading at the objective is efficiently and quickly accomplished by the highly trained gun crew. Moments later the shinok with mission accomplished lifts off before the enemy spots it and can start firing. On this mission a small truck was taken along to assist in moving the gun into its position. Another phase of air mobility in Vietnam.


The fuel queues are back, bringing with them many questions to the negotiations. We seek to understand what's going on this morning on the breakfast. The Independent National Electrical Commission may not be ending the voter registration exercise on the 13th of June 2022. We'll look at the interim court order and its implications. Plus we have analysis of the headlines in today's National Dailies. Very good morning to you. We're back with a breakfast and plus TV Africa. A very bumper package of discussions and analysis on the program. This morning my name is Kofi Bartels. We start off with a trending segment where we get to look at what's being talked about by Nigerians on issues within the country and around the world. Once again you're welcome. Well it's been quite interesting looking at the comments and the criticism or the analysis rather of the move by former member, now former member of the People's Democratic Party for a Minister of the Niger Delta, Achieve Gotzeoroubebe who has recently resigned his membership of the People's Democratic Party. I mean if you remember from the 2015 General Elections there was a mild, I would say not so mild drama at the INA Collation Center National Collation Center right there in Abuja when Gotzeoroubebe who was a Minister in the government of the then President Goodluck Jonathan refused to leave the stage. He actually literally sat on the floor when it was clear that the results were going the way of the all-progressives Congress or the man who you know, stake his reputation and put his face out there in front of the entire world to save the People's Democratic Party has resigned his membership of the People's Democratic Party. Gotzeoroube, former Minister of the Niger Delta made this known in the letter addressed to the National Chairman of the Parti Iochaa IU yesterday, Monday. In a copy of his resignation letter that Plus TV Africa has cited the former Minister expressed his dismay over the emergence of a Northerner at Iqab-Uberkar as the party's presidential candidate. Now part of the letter reads and I quote I write to formally inform you of my resignation from the People's Democratic Party. It says this, I have communicated to the Chairman of Burutu Ward Ward 3 in Burutu local government area of Delta State effective 20th June 2022. It says consequently I am by this letter and intimating you of my total withdrawal from all activities at the ward local, state and national levels of the People's Democratic Party. He went on to say in the letter, I'm highly honored and privileged to have been part of a political party that successfully transformed the power nation to one that commanded respect in the committee of nations. It says when we lost the presidential election in 2015 I make a reference to that incident I just talked about. In bewildering circumstances he said to say the least it was my belief that the party would use the opposition period to re-strategize with the aim of taking back power at the earliest opportunity. He says quote however the present situation in the party does not inspire confidence that the party is ready to regain power in 2023. He says against the mood of the nation and a complete disregard for the provisions of the party's constitution of the party through the zoning of the presidency open which created a situation that led to the emergence of a Northman as the party's presidential flag bearer thus making the two top most positions in the party after your emergence as a national chairman to be occupied by Northman's country to section 7.3C of the party's constitution. Now Oliver continued in his letter by saying I salute and commend the governor of River State his excellency Jensson Wike for his efforts and gallantry at the primaries posterity will be kind to him when the history of the party is written. There are lots to be said but out of respect for the party I leave some stories untold at this time my belief in the sanctity of Nigeria is unshaken and how continually work for her progress and development even though it's through another route is what Oliver said. You know the jury has been out as to the implications of this particular development for the fortunes of the people's democratic party as far as the 2023 elections is concerned and people asking will this affect the PDP in a negative way? Is this the feeling of just already or do we have other members of the people's democratic party who are from the southern part indeed other parts of the country do you have them feeling this way about the developments in the party? If we go to the statement of Jensson Wike the governor of River State whom Oliver cited there Wike has talked about how southern part of the country has been given a hard deal or has been hard done by the party bearing in mind the rotation the rotation policy of the party bearing in mind the perceived agreement by in fact it's not perceived, it was actually agreed because they announced it twice at least and they signed a communique this sort of southern governance in the PDP they agreed to the seeding of the power to the southern part of the country unfortunately that didn't happen so Wike has been calling those who those governors who supported the imagines of Atikawubakar who are from the southern part of the country traitors to the south but well this is what we have as a political situation in the country the principle of zoning is very very important to measure as a balance in everything we'll keep watching this there are many implications for the PDP going forward will we see more departures from the party where is Urube going to is he joining the all-progressive congress are questions to be accessed is he retiring from politics altogether well time will tell let's move on it's been some time since we heard from the man who likes to say aha when he preaches about former Nigerian pop musician turned currently pastor of course he's also a politician he wears at least three hearts he has hats rather he's also an author written some fantastic books that you should want to read and if you read those books you know your vocabulary will never remain the same I'm talking about the former presidential candidate of a fresh party do you remember the fresh party you know people have been talking about you know the likes of men of God who have been in recent times you know trying to be president saying God said they should be president so how eloquent they've been sounding and saying they've not do retreating but anyway Reverend Chris Cote has been out of the political spotlight for some time and the founder of the household of God church is back in the spotlight and is back with a bang he hasn't failed to disappoint alright he hasn't failed to disappoint in this particular episode and he has said that the candidates of the leading political parties in the country should step aside for him is what he's saying the candidates of the leading political parties in the country should step aside for him to become the president of Nigeria he's calling the likes of Tiku Abu Bakar the likes of Bola Medtinbu to step aside for him so that he, Reverend Chris Cote can succeed President Buhari as the president of Nigeria I mean Chris Cote is not unknown to controversy and this is the latest I'm sure people have been wondering where the Reverend has been all this while I mean he is thrilled in elections past you know he is thrilled in elections past he's been able to you know, gather attention or gather attention as as the case may be with his eloquence you know with his ideas with his postulation and controversial statement and indeed this one is no different coming from Reverend Chris Cote so what he's saying is step aside it's my turn to rule Nigeria I'm the one who is meant to be the president of the country very very interesting one indeed I should take over from President Mohammed Buhari the Reverend also urged President Buhari to hand over to him as interim president in 2023 he said that he is the right person to right the wrongs in the country so basically President Buhari should call him and say hey Reverend come and be the president I want to hand over the keys to Asirok I'll cancel the elections because I mean if you look at the list of presidential candidates of the various political parties Reverend Chris Cote's name is not there he made this call on Sunday while addressing journalists Mr. Raghunwe Keja during his 63rd birthday celebration it's good to see that he's waxing strong in the ministry now he explained the rationale behind his request noting that he proposed to become the interim president because that was the solution for the country's challenges according to him Nigeria is a blessed nation and such a nation has all human as the country is not moving forward he said through his government everything will be alright he mentioned says I want to implore him to support my government for the betterment of the country he mentioned Peter Albi he said that I want to tell Peter Albi that the system that introduced him that Peter Albi cannot take him anywhere because he cannot operate in the system we have now so this is what he said I think he stopped short of saying that God had told him he'll be the next president because he would have asked so between Tunde Bakari and him who did God actually which of the men of God did hear from God because God cannot tell to people different things at the same time you'll be president so who are we hearing from who is truly hearing from God but he didn't say God had told him the right government to fix things in Nigeria I mean some have made some fun he you know of the situation saying imagine Reverend Chris Okotie presidency who have to be listening to his speeches as president with a pen a paper and a diary so we can understand what it is he is saying alright let's move on from that the aviation sector has been experiencing some turmoil in recent times and the aviation workers airport staff rather are on strike over unpaid pay now a video surfaced recently that shows airport staff in protest at unpaid salaries seizing passengers' luggage alright this is kind of is quite bizarre alright so this got some commotion this was at the Murtala Muhammad International Airport in Lagos where airport staff took that action by seizing passengers' luggage in protest at unpaid salaries and this is a bizarre way to protest I mean because the passengers were not the ones owing the airport staff now passengers who witnessed the protest said the airport staff complete that they haven't been paid for six months is what they are saying they haven't been paid for six months in a video shared online the passengers can be seen standing around the baggage to reclaim area at 7am asking for their luggage but the airport staff asked them to step back one passenger added that they were told anyone who films the incident will not get their luggage you know what they say sometimes called for desperate measures and that may be what as you can see on the screen there that is sort of a snapshot of what exactly transpired at the airport and of course like we said it's been described as a bizarre incident a bizarre one you know where the airport staff refused to give the luggage of passengers to them well like I said the airport staff are saying to themselves I've had a meeting they said desperate times call for desperate measures we need to do something quickly to bring attention to a situation in the salvage our lives what are they going to do in the country where right now there are fuel queues in Lagos and Abuja and I'm sure if you know other major cities as well they need to get their salaries it's not what we need to see at this time because of the situation in the country are we going to see other staff of other companies also embarking on bizarre actions in a bid to ensure that they are paid I don't know but only time will tell but this is a situation we find ourselves in at the moment and of course we'll keep monitoring that as well bringing more as the story unfolds finally news broke online that the Anambra state government has launched an app or had launched an application a mobile application called Inche app where people can lay complaints about things happening in their neighborhoods and also for vehicle registration checks for commercial vehicles of course this is a new development under the administration of Chico Machao Soledor who is the governor of Anambra state it's quite interesting to see something that some would describe as a novel development as far as governance in Nigeria is concerned and indeed technology these days is an easy way to scale so if you want to provide security you want to provide any other service I mean you can do that through technology so that's quite interesting different groups have been commending and commenting on this is received favorably from what we can see the reactions being it's called the 21st century digital vigilante volunteering platform for decent and patriotic citizens so I think that gives an indication of how how this app will work you know groups like the Anambra Youth Volunteer Group have commended the launch of this groups have commended the Anambra Youth Volunteer for coming out with this app to support the security efforts of insecurity in the state the leader of the group announced the development during the launch of that application so let's see how it goes in Anambra state and if indeed this is going to bring the security situation there into question I need to make a correction it was the Anambra Youth Volunteer Group that launched the app and called on the governor to take a look at it they called on the governor to take a look at it and probably partner with them is what he's saying so let's see how it goes they are saying that communities across Anambra have commended attacking recent times and it's a way to support the effort to tackle insecurity in the state now all efforts need to be on board to ensure that insecurity is nipped in the bottom in the south east and across Nigeria let's see what happens with this particular mobile application we'll be back to talk about FIOQ resurfacing in Lagos state those in Abuja have been eating the slice of this pie for some weeks now negotiations it's your turn to eat this pie as well what is going on why are the FIOQs back and we seek to understand the situation as we speak with our guests when we come back from this break we'll begin with a look at the papers and what they have to say please stay with us


From Las Vegas, it's theCUBE. Covering VMworld 2018. Brought to you by VMware and its ecosystem partners. Welcome back, we're at VMworld 2018. You're watching theCUBE with my co-host Justin Warren. I'm Stu Miniman and we're going to be talking about cloud and networking. Happy to, first of all, welcome back to the program. Mark Vaughn, who's the director of data center strategy, office of the CTO with Presidio. Mark, great to see you. Thank you, Stu. And welcome, first time guest, Bob Gaffari, who's the director of enterprise cloud networking with Intel. Thanks so much for joining us. Thank you, good to be here. All right, so we were talking a little bit off camera here. We know for this whole multi-cloud thing to work right, networking, absolutely critical. Have to say, from my own standpoint, when VMware bought NYSERA, I was pretty excited. The industry really got excited about it. It was a big acquisition. Solver to find networking was something that was a buzz, but it was actually the inter-cloud networking capabilities that NYSERA talked about that had me excited. And it kind of went quiet for a couple of years while we worked with the virtualization layer. But at this show, especially, networking back front and center and the whole discussion of public cloud. Maybe for those that don't know, I've had a long history with Intel. I think I see them at every show I go to. But the networking piece, where Intel fits into this whole picture of VMware cloud and everything there. That's right. If you go back in history and take a look at what Intel has really worked with VMware on is really getting service virtualized, right? So over a decade ago, we worked a lot in terms of getting service virtualized. And guess what? Compute was flexible. What about the network, right? And that's what we've been focused on over the last decade of really making sure that we can bring the networking workloads onto the Intel architecture and make sure they can run in a performance fashion. Because the last thing you need is for your network to be bogged down, for you to be able to not get into your applications, for you to not be in a reliable situation for your business. Yeah. All right, Mark. I've talked to Presidio for many years. Helping customers through a lot of these transitions, whether it was converged infrastructure and hyperconverged. But now cloud, a big piece of the discussion which is multi-cloud, where does Presidio play here and how does Intel and that fit together? You know, as we look at that world, we've always partnered very closely with Intel.  And the same things we've leveraged them for on-prem. You know, they're doing the same thing with AWS and with cloud providers and building that same performance into that public cloud. So now as we look at a hybrid world where workloads become more fluid and move back and forth, Intel plays a big part in helping make sure that we can have that consistency, you know, as we move from one side to the other. So Mark, maybe you could fill me in a little bit about what customers are doing on this networking side of things. Because the idea of running a multi-cloud environment is actually pretty daunting for a lot of the people that I speak to because they're wondering about, well, how do I choose where to put things and how do I actually move things around? The network is often a really complex part of that. So what are you seeing with customers about how they navigate this move to a multi-cloud world? The network is actually, you know, it's the transport layer. It's what makes it all possible. And with NSX, you know, that becomes very critical around the security of that. Because as workloads move back and forth, you can't have them become insecure on the other side simply because they've moved. And when you talk about workload placement, we're realizing that what you've moved to the cloud a year ago, criteria changed. It may not make sense to be in the cloud today and what you chose to leave on-prem last year may not make sense to be on-prem anymore. So we see that fluidity in that hybrid world becoming much more important. And we need a networking infrastructure that can really keep up with those workloads as they move back and forth and become more mobile. And to add to that, the whole consistency is really important, right? So I think one of the interesting use cases about how you can migrate VMs, disaster recovery, right? One of the key use cases, right? How you can really extend your on-prem environment to be able to have the flexibility, depending on where you're at in your business cycle, what you're trying to do in terms of seasonality. So that consistency that's been talked about a lot here, we work really closely with VMware to be able to help provide that consistency. No matter if you're really talking about the edge or you're actually talking about on-prem cloud or public cloud. Yeah, Bob, I think that's a great point. When I talk to the networking community, the big shift that they've had over the last few years is I used to own, control, cable my network. Now, a lot of the networking I'm doing is stuff that's outside my data center. I don't have control, but as you said, there's similar, I've got tools and Intel and VMware are some of the pieces that are giving consistency across those environments. Yeah, and what is really amazing is you take a look at, for example, the keynotes yesterday, right? Both Pat and the NSX keynote, right? So Tom Jules, who's the SVP of NSX and Security, he was talking about 80 million switches, right? Being shipped by VMware. One million firewalls being shipped by VMware. And by the way, he sort of mentioned 500% performance improvement with the work they've been doing with Intel, which is just fundamentally foundational to be able to bring the networking workloads onto this consistent architecture. Yeah, and the consistency is really important for the other trend that I'm noticing in moving to cloud, which is automation and being able to automate across this. The whole point of having a software-defined network means that I can automate it. I can use programmable tools to make changes to my network. So again to your point, Mark, about customers wanting to change their mind a year later after what they've already done, before that might've been that we'd have to actually rip and replace hardware. Whereas now, I'm hearing from customers that it's actually a lot more about just reconfiguring the software and making changes so that things just move around much more fluidly than they did before. Definitely, and I think that's part of the value prop for VMware Cloud on AWS is that it gives you a common platform, both on-prem and in the cloud. So now the automation work, the orchestration work that you've already maybe developed on-prem, as you move to the cloud, you can continue to leverage that investment and to gain value from what you spent the last year or two doing. And also knowing going forward, when you write something for either on-prem or cloud, it's going to be usable on both sides. Yeah, and when you look at it from an application standpoint, the application guys are really trying to make sure that they can drive things that matter to the business. But if you have, it take 45 days to get a firewall configured for what you want, right? You know, that's a problem, right? And I think what was talked about yesterday is like the goal is and where we're at today is 0.45 seconds. And what this really means is you need to have the infrastructure that does what you needed to do when you needed to do it, right? And so this is, you know, quite important to make sure that we can help enable the businesses be agile. So you can have infrastructure at the speed of business. That's right, yeah. We transitioned to a world with virtualization where a machine can be stood up in five minutes and that created a challenge for security. Well, now we live in a world where the entire server can be stood up in 10 minutes. So again, you know, we just continue to lean back on security and how to create an infrastructure where we can maintain that footprint. Yeah, you both talked to a lot of customers. VMware Cloud made a lot of progress in the last year. There's obviously how this helps customers along the multi-cloud journey, but I'm wondering if there's use cases that are bubbling up as to any customer examples or lighthouse things that you can point to as patterns that other could follow. There were the use cases we expected to find of people who just want to expand their network or their data center into another location. And then we're also coming across some customers that are coming to us and saying, you know, I've decided I don't want to run a data center at all, but I don't have the time to invest in refactoring all of my apps and making all new IT decisions on my infrastructure. I want to be able to move without making any changes. And so VMware Cloud on AWS is really the first opportunity we've been able to present to customers where you can make a bulk move in a very short period of time with very little change. And we've had examples of customers that like for example, either in the healthcare space or in the manufacturing space where they've basically been wanting to really get a lot more flexibility in their environment, right? They've had whatever was their old on-prem environment. They were doing a lot of things in the public cloud. They wanted to be bringing back workloads on-prem, but they wanted to have all the tools that the cloud guys have. And they also wanted to have the security policies and the same kind of single pane of glass, if you will, from a security policy standpoint. And so for them, that was quite interesting. And I think one of the key things there from a security standpoint as well, in some cases, your on-prem will have a harder security requirement where performance matters. And I think then you have the ability to be able to cater your platform, your environment, to give you that kind of performance that really requires it. And Stu, I'd add to that. Up till now, hybrid cloud always meant finding a way to make something on-prem, work with something off-prem. And there'd be some translation or something that had to be put in the middle. And for the first time, we really have something on-prem and off-prem that are the exact same. And so there's no translation anymore. It's like for like. It's getting two things that are identical working together. Right. How do you see that extending into the world of edge computing, which is definitely a trend we're seeing more and more in the last couple of months, where companies, it's not just one cloud. It then went to multi-cloud. Now it's just like everything is cloud. The cloud is everywhere. That's right. And I think that's such an exciting space. And so, we saw a lot on the last day or so about that. We've been working very hard with a lot of the eco players and more specifically with VMware, VeloCloud and what they've been doing in this space. And it is phenomenally quite exciting. It could start with something as simple as just software to find when. Right. But I think the need to be able to do more on that edge that sort of goes to network security. And then you basically talk about application delivery capabilities. And then you're also talking about just analytics on that edge. Depending on what kind of business you're in, you want to make quick decisions, right? You don't have the ability to be able to bring things back and wait for that round-trip latency to be able to make what is critical for your business. So I think those are really quite interesting things. And what we've been really trying to do is make sure that not only are we effective from an application control packet standpoint, but we're really bringing the machine learning capabilities, the analytic capabilities into our platforms. Fabulous. Yeah, I want to give you both an opportunity just closing thoughts. There's a lot of new things that were talked about this week. You talk to customers, give a key takeaway or two that they should have when they walk away from VMworld 2018. I think we've seen VMware respond very quickly with VMware Cloud on AWS. We've seen features added much faster than they were originally roadmaped for. And just this week, we heard the announcement of now the three node minimum environment. And so they're recognizing this isn't just a solution for large enterprises, but we're having many in the SMB and commercial space come to us and say, you know, I would like to do that too. My environment's not quite as big, but I see the value in that. And VMware is responding quickly with, you know, adjusting the offering to what the customers are asking for. And I would say that, you know, first look at the business problem you're trying to go solve and then look for planning for what you need tomorrow as well, right? Don't make decisions that, you know, you would regret, you know, six months down the road, right? We already know that you need flexibility, right? We know that you basically need a little bit of headroom depending on what you're doing, especially on the edge. So I would say look at the big picture, make sure that you're planning, you know, for, you know, not only today, but also for tomorrow. Mark and Bob really appreciate the updates, you know, really a fast moving space. And thanks so much for sharing all of the updates. Great, thank you very much. All right, for Justin Warren, I'm Stu Miniman. We'll back with more coverage here from VMworld 2018. Thank you for watching theCUBE.