Hi guys, it's Elise from Six Sister Stuff and today I have a special friend and we're going to make a ham recipe because what's coming? Easter! And we love ham! Okay so this is just a brown sugar glaze.  So I've heated my oven on the convection setting to 325 and we're just going to start with a cup of brown sugar, a fourth cup of honeydijon mustard and two tablespoons of apple cider vinegar and that's it. So then we'll just mix it up and you might be able to see I've already scored my ham and that just means to cut it into small diamond shaped cuts and so that way the glaze will soak into the fat and really make your ham crisp on the outside and juicy on the inside. Okay are you going to be my helper? So once this is all combined we're just going to brush it. I'll mix. He wants to mix. Okay you want to mix it? Okay I think we're ready. Do you want to do the brush? So then you'll just brush it on the outside of your ham until it's completely covered. Are you doing it? As you can see our ham is completely glazed and we're ready to start cooking it. You'll cook it about 20 minutes per pound and this is a 10 pound ham so it will be 11 for about three hours and 20 minutes or so or until it reaches a temperature of 160 degrees Fahrenheit and it's important to use a shallow baking pan that the air can get all the way underneath the ham so it will seal in all the flavors. We'll be back. As you can see our ham is done cooking and the glaze came out perfectly on the outside. We left it in for about three hours so it was close to 15 to 20 minutes per pound for the ham and it's nice and juicy on the inside and ready to eat and you can find this recipe and other family friendly recipes at SixSistersStuff.com. Thanks for watching!


Hey everyone, welcome to Arch Land. We have here a tier list for PVE. So we have SR SSR R tier list and also the three main characters are also here. Please note that I won't be discussing the Rs. They are what they are and I won't be discussing any more tiers C and tiers D. I will be starting though with tier B and guys before I proceed please do subscribe to my channel because again this really helps my channel a lot and this indicates or tells me whether I'm on the right track with you guys in terms of the content for this channel as well. And also guys don't be shy please do comment down if you think there should be adjustments in this tier list and who should be going where, should they be going down or up then put them down in the comment section. Also don't forget to put a like because this helps the video and we'll start off with tier B guys. We have here Leila, one of the first assassins I had on my team when I didn't had Semi and the other assassin which is Fire Clarice. So she actually filled the roster spot for assassin before. I think she has great potential especially right now if you are in beginner and mid part of your roster then she can still be used but moving forward do not invest so much resources on her because she will be replaced eventually with better assassins on your roster. Next up is going to be Helga, this one she is going to be a light mage. Again Helga is all around I wasn't able to use her because I had a healer, I had a mage ready during the time I got her so more or less I wasn't able to test her out but her kit is really nice again for beginners and the mid game. The only thing is that she will be overpowered once you have better heroes in this game. Next up is going to be Armand, Armand assassin and he is lightning so one of a few lightning heroes that we have so again beast be worried that they are going to be good in the beginning or in the mid game but not beyond that. So again investments keep it down low on developing their kits. Next up is going to be Silva, Silva is suited for PVP most but not so much with PVE do not invest much if you're going to use her in PVE although there are a few shooters here we only have one good shooter here not invest much on her you won't be using her moving forward beyond for the end game. Next up is going to be Peacock, the starting Peacock is she used to be my main warrior when I was starting out when we were starting out I wasn't able to get Charlotte I didn't start by getting Charlotte I got her instead and I got Sigard so Sigard and her were my main warriors but I agree that she her damage output doesn't really you know isn't really good and it really have a drastic drop off so again she's only be good she's only going to be good for starting out and up to your mid game and the last on tier B would be Capit a free unit that we had unfortunately I wasn't able to get Capit for my roster played the game two weeks after so he can be very good in PVP um but again um he he he sorry it's she she is going to be a just going to be there because in terms of PVP because of her her strength versus water and again for PVE I don't think he will be needing Capit uh more on she's there if you want to you know if you just need a lightning character for a certain stage but again Capit is not going to go beyond the mid game so okay guys this is your tier A I had to fix something there was an overlap in the file and starting off with you know for the right side you have Bellet Bellet one of our main characters together with Avia Bellet is going to be a good fire tank uh if you if you need a fire tank she's gonna be it because I don't think we have enough defenders yet but she's gonna be good even up to the end game probably a secondary tank next uh beside her is Avia also going to be a secondary me a secondary healer I don't think she's gonna be a primary unless you're still starting out but for the end game she could be a secondary healer so please um save a roster spot for her Soris uh Saucy something is a warrior a water warrior um again you won't be needing her much we have a lot of water warriors so again um but she's still good if you don't have enough warriors at uh for the end game at tier A we have here Hassan Hassan is a darkness mage started with Hassan actually and uh I was actually using Hassan when I went in some of my lineups as a disruptor debuffer you name it Hassan is still good as your secondary mage if you want you know to have him on your roster so um he has a spot in tier A then you have Cassie here uh water tank water tank water tank no pun intended so Cassie here is one of our best EVE it's our PvP tanks at water but for PvE she's gonna be just okay not really a game changer at this point but again Cassie is you know save her as a secondary tank for the end game and the last for tier A is going to be Ibn Atar um he went down for a reason based on my last um tier list he's actually I put him down because of poor mobility doesn't really stand out that much you can be your secondary you know secondary assassin if you need one for the end game so those are your tier A and we're done with tier B we're moving on to tier S which is a lot and there is a movement here from the previous tier list we'll start off with Saken Saken is I think has potential as a as a warrior lighting especially if he goes up to SSR so Saken you can have him as your third warrior secondary warrior especially if you need a warrior that can combat water Saken um just you know build him right he's gonna be your you know he's gonna be dependable at this point and the next one besides Saken is going to be Nicholas Nicholas um again if you don't have any mages to invest in Nicholas will still carry you through um I didn't invest in Nicholas much because I had a lot of mages in my roster so definitely I would go with them because they are you know in terms of going towards the end game I'd rather invest in them for but Nicholas is one of you know the best options if you don't have a primary or a second mage next up is going to be Lohanes here so Lohanes this priest guy here um probably another secondary you know secondary healer if you don't have a secondary healer secondary to Valak and to Clafaret so again very good up until the end game um very all around as well so both Avia and him can really hold the fort as a secondary healer and the last one guys is going to be an enjard or enhard this girl so enjard is the last of our SRs who is in tier s again enjard is going to be your light um light tank if you don't have Gabriel definitely enjard is is a good substitute but if you have um if you have Gabriel I don't think you'll be using enjard but again um as a sub for Gabriel she is going she's gonna be perfect for your roster up until the end game probably as a second tank as well okay and because she is a light tank she can really defend good in pve okay guys so we have I have moved the screen um towards your left we have a couple of SSRs here a couple who have gone down and gone up so for Kabir gone up apparently Kabir uh surprised me in terms of he his overall usability is a tank although his kit is a mismatch from tank to warrior um I think he is stable enough for the end game because he is of darkness element so again he's gonna be there uh for tier s next up is going to be Michael here Michael try them out try to try their out um I think she has a perfect role as a very mobile assassin although you won't rely on her so much in terms of those you know those full HP you know uh enemies that she can terminate but again she can affect a lot on the battlefield buffs kill um stranglers or weak enemies she's gonna be good and she's at tier s and she's going to be helping you in the end game guys so please make sure that you hold on to her or get her next is going to be Nola so far um a bit overall uh nice mage to have she shines well more I think in PvP but for PvE um she's also nice to have especially with her crits with her damage and taking out you know crucial um crucial enemy enemies within the battlefield I think she will help you with that next up is going to be Clarisse one of our three units that we had so for Clarisse guys um if you don't have semi Clarisse would be your second best bet as an assassin really um uh typical assassin what I mean for uh she's so fire but if you have semi definitely you're gonna use her as a secondary or probably not use her anymore for my roster I only need one two assassins actually I I'm using Michael and semi not so much for Clarisse but again she is still going to be a good complement to your roster not only for PvP but also for PvE next up is going to be Richard so Richard here I think Richard is very underrated for PvE he shines more in PvP but again you cannot read this card what he brings the stuns are too annoying for me um and I think he is actually good in controlling who comes near and who is going to be stunned or he who's going to be disabled so again he's going to be good with PvPvE next up is going to be Alicia so Alicia is a nice pair for one of the mages that we have for the twins in terms of the leadership of the twins a nice heater to have an alternate element which is darkness um good with heals buffs cleansing you name it she got it and the last one for s is going to be um she is Lena so Lena went down because recently we've had additional mages that are better than her at this point although she doesn't disappoint when you have her um she is going to be just as efficient with Nola so Lena good mobility um nice board control when you have um have her on your team um again the only reason why she went down is because we have better mages up there for the end game so let's proceed to our tier ss so we only have a few here so we'll start off with Erica okay so for Erica guys um I think um to be honest I really underestimated her kit I actually fear her now when I come across her especially in PvP but for PvE guys she's nice to have with either she can she can dish out a little bit of AoE but her assassinations from afar are superb so I still have to look for her I don't have her yet in my roster but again hopefully I could get her soon um it would be nice and she's the best shooter right now in this game so might as well you know build her up again as your additional DPS shooter and assassin from afar so we have here next is the next one is a tomb uh best probably best mage for fire um nice survivability nice damage nice damage over time as well so don't count him out uh next one is going to be the twin Susie and Susan they've been my main um mage mages so far in terms of damage delaying debuffs they've been my main my main day disrupts so much and deal big damage um fantastic for the end game uh instead I don't have Erica oops I don't have Erica so both of them are actually my assassins uh in terms of dealing damage from afar so I'm so far I'm happy with using them the next up is going to be Catherine Catherine here um nice get to have a disruptor good with good damage as well for a mage um good distraction in terms of creating havoc in the field good um I built her with the giving buffs so again I'm I she's she's very all around just have to make sure that she she is she can survive damages until you have your healer you know bring up her HP but again she is going to be one of your best mages moving forward especially for the end game next up is Gabriel our top tank so far for the game um light tank best counter strike best in defense for me for pve can't complain more she's the best tank for pve hands down um again I I can't express so much in terms of what she gives my team the counter attacks the escort the damage she brings she's too good and then next up is Valak so Valak is actually one of um our healers that can be your primary healer not only not only for claforay but she can Valak can be your primary healer um very very interesting way of you know of playing her not just heals giving giving buffs giving damage as well while you're healing you know your ally so again she is good with board control as well um additional damage if you want more spice other than healing then Valak would be your girl and the last for SS is going to be Jin so Jin is new um the only reason why Jin is not an SS because if you compare him with Charlotte Charlotte still has in terms of damage output she's gonna she's crazy man compared to this guy um and his playstyle is different he's more of a debuff debuff come near me I'll counter attack you it's actually how his role is so again while his kit is interesting um I think Charlotte still takes the cake in terms of best warrior for water so uh he stands here at SS with the rest of the gang and finally guys we have here SS so you know them I'll start off with Margarit how can I say this um so far I think she edges everyone as best mage very versatile can do teleport allies transfer buffs give buffs deal damage give buffs and again she has two builds that I actually discussed in in her build guide so there are there's a lot of there's a lot of things to be desired in terms of using her in your team she she can control a lot of things um together with um with Clafaret if you have them on your team then you can control the board really um can't say more uh about this girl but she has she's going to be she's she's gonna be crazy OP especially if you have all of her skills unlocked that is what I'm saying guys um right now I have very scratched the surface in terms of uh giving her the right kind of gear and everything and including the equipment I just still don't have her her unique equipment but again she has the complete package guys in terms of buffs uh share buffs copy buffs in terms of uh teleport in terms of damage dealing uh the buffs that she gives herself uh tremendous tremendous uh mage can't say more can't say more but uh we're gonna be moving on to sig hard here I just realized that sig hard and charlotte in terms of damage output and survivability are actually at par especially now that um you guys have a higher level sig hard wish you got him in that selector and rerolled for him because some I think got um got nola some got lina some most of you guys didn't get him because you wanted a mage to pair with charlotte but I I actually had you know had my had a part of my brain say that this guy is going to be going places and he really went to the top because of not only he is built in survivability in terms of gaining hp but also the damage that he he dishes out both charlotte and him are are just the same in terms of damage output the problem with him is only water but now I think he can take damage more but again water or a enemy which charlotte is going to actually mince him that's the only weakness that he has but apart from that overall survivability in damage is really on par with with charlotte next up is semi best again best assassin best archetype best usual archetype for an assassin uh very very nice dodge high damage high mobility what else can you ask next up is clafaret again best healer so all of the top are the best uh except for water you have two so best best mage best um assassin best healer for clafaret heals sorry excuse me heals for days again can't really you know can't say enough heals for days uh take another turn after this one and her cooldown is actually perfect she has usually one heal per turn that is what I like about her and the last one of course you guys know charlotte damage multiple attacks uh depends on how you build her terrific terrific I don't think gin will be able to you know to compete with her in terms of damage output uh gin but is good with first strike that's for sure but charlotte is the best so far the best hero that we have so if you guys still have her banner and if you're still beginning this game please get her she'll really help you in terms of clearing out stages as you move along in the story so that is it pretty much a very long tier list and anyway guys if you have any questions if you have any rebuttals on this tier list please let me know in the comment section I will also share this tier list to you guys in the description please do check it out and please do subscribe to my channel guys because again it helps me a lot so thank you very much stay safe take care this is the warden and I'm out of here


We in Philly, ESTG, I'm talking about nighttime edition. It's midnight. He pulled up on his quarter jet. We got EST out here in Philly, nigga. At the Stinger, nigga.  He took the profit, Jettie blew to us. Album is out.  The rapping is there, man. None of these out of way. 8,000 out of outfits here, you day, man. And that's what we gonna do for the drip segment. We had Zee all over Philly for two days. I love you, brother. I love you, too. El Toro, too, man. It's going down, man. Right. Philly, nigga, at the Stinger, nigga. Yeah, in the motherfucking, in the motherfucking North Philadelphia, at the motherfucking Stinger. Getting fried shrimp at 12 at night, nigga.   Young niggas, man. The thing about us, we salute all the young niggas, man. Getting money, man. Young niggas that's trying to come up, trying to get us some money. That's what me and I was with the game, it's about. The motherfuckers, they fly, that's why they still are here. You know what I'm saying?  We want to salute you, man. You hear me? I don't want to shoot you. I want to salute you, man.   What you got coming to me, don't slow down. What you got coming to you, don't slow down. What I got coming to me? We all adapt that mindset.  We and Philly, ESTG, I'm talking about night time edition, it's midnight. He pulled up on his quarter jet. So, you know, we gonna get straight to it, right? They was playing at it. You know, he said, oh, while it's layover, he was supposed to come book two, three days ago. He said, man, I'm effort, man. I'm gonna just get to jet. I'm gonna get to Philly. We got to talk about the real stuff. You know, what's going on is that there's a lot of interviewers out here.  You know what I mean?  What's your favorite porn star? What's your favorite porn star? Ray, I'm gonna have him, too.  What's your favorite porn star? Yeah, nigga wearing no jewelry and no oily jeer. I don't know if you see it. It doesn't seem like it for sure. Tell you who it ain't. But I ain't gonna lie though. I just, it's crazy.  Like you ain't never talked about something. You been popping up on your phone? Man, listen, man, Pinky X, X, X from Pop, Pop, Pop, Pop, Pop, Pop. Oh man, that was my girl from when I was a kid. We interviewed Pinky. She was on May Nile's World of the Game? Yeah, that was the old of me. Yeah, she was one of the first guests. Damn, man. He used to dream about Pinky in the joint. He was special. Pinky, listen. And he took a couple of pinkies and it just might be a song. Yeah. Listen, man. He got the new album out, right? El Toro 2, man, it's going down, man. You know, listen, album crazy, man. How long it took you to make that, man? I record fresh. I had the songs I was doing after a few long times. Like, probably something like January. You cringed the video out immediately. You and baby, y'all coming through.  And the last, the latest name probably was that short film. I did with Kierdaugh.   I did with Kierdaugh. That motherfucker crazy. I ain't going to lie, man. I was trying to think of something that was in the wood that weren't going to be what everybody expected. It was professional. Yeah, yeah, yeah. You film what I'm saying? I'm trying to go where everything's big.  So when you was like, when you was like, Gilly, I produced the film. I'm like, I said, man, he done got a couple of his homies to pick some cameras. That's what everybody thought. I ain't going to lie.  Oh, you Spike G, man.    You know what's crazy? I was like, I'm not going to say I was surprised, but I was surprised. Good, good, as long as it's a good surprise.  I said he doing his thing. Yeah, it was popping, but you know what's crazy? I'm going to say this. You know, I got to put it on you and I got to put it on Gotti. Y'all mess these rappers' heads up. When you got your deal, they bring the bag out, they seen it. Now every, you talk about this. Everybody think they're supposed to get 800 dollars, they're supposed to get a million dollars. I'm missing. Oh, you go. Like a lot of artists not getting signed.  Going to jail. Going to jail getting smoked. I let them cancel it, just cancel it. You know what I mean? Because they not signing the deal that could relocate them and their family. What do you feel about this, what's going on, man? Because you went through it yourself, son. And it's not about just the deal. It's not about just the advance money. It's about the opportunity. Nobody see that no more, cuz. The opportunity. Everybody think they're supposed to get a million dollars. Opportunity knocked twice, they don't. Sometimes it might knock 10 times a certain nigga. But some niggas, they don't knock none, you feel me? And so they just be trying to blow bad. Like I'm gonna catch the knife and sometimes it ain't no knife. But you gotta get your feet in the door, you know what I'm saying? They don't want to get their feet in the door and see what's on the other side. That make you even go through that bit. As long as you on the outside looking in, you just don't know what a nigga tell you. You feel what people tell you. Look on the inside instead of getting your foot in the door and seeing for yourself that even somewhere you won't go. Did you had issues with artists playing games? I'm sorry, I'm trying to sign a couple of artists and we'd be stuff going on from around here, but Philly, I don't know if he leaves from North Philly. Leave from Philly? Leave from Philly? Philly West, he's from West Philly. West Philly? Yeah. President Bel Air, I don't know what the Irish about West Philly. Yeah, leave North, though. Leave us hard and he, feel me just, it's like you said, feel me if you just let them out of tune to go back or I don't know what was might've been going on with him personally, but I wish he would've just stayed with me and stuck with me and feel me, I don't know. You had him down Houston with you?  Just out of place, he laid out for me. Feel me? He had a studio, he just, he had a couple things going on, I guess he had been fixed. Yeah. He had some pads, he had. But we still could've, you know what I'm saying? Hold him to be like that with him, like he didn't get everything straight. Maybe he's talking about it, he's talking about it. The one thing about us, everybody's trying to get it, it's real. Yeah. When I'm straight, I'm getting what I say, so you can be straight up, you know what I'm saying? I'm the new thing about this, you know what I'm saying? I know a lot of them don't get it. I'm saying a real family, it was. So it just, it trickled down, so a few more folks was around, just a few, cause I wish you what it just stuff was, but. I want to say free leave war. Free leave. Free leave, and I, I hope when you get out, you feel it, you still have the bitters to get it together. As each time I say, I got a whole lot of time in there, I was just feeling, I think when I was with Taka, I hadn't met a couple of Steve Mads, I don't know where, Steve Mads, I can't remember where everybody was, but there's a whole lot of people in Philly though, y'all like, people don't know, it's like a whole scene here, like it is. Mean scene?  You can be wearing them in Philly, and I feel like lethal is the one, he was like, y'all was choosing him, you know what I'm saying? Like I said, he was choosing me. He's going to be big though, Philly for a dollar, like I said. Just out of young guys, don't pass up on your opportunities, maybe you know what I'm saying?  Even the most talented in the world. Oh! They got pipes on Honda Civics after school. They got pipes on Honda Civics in Philly, everybody will get a speed after school. Yeah, he was the, he fresh from there on Puerto Rican land, he just want to keep riding in a circle, because he's CES, TG, all that. He just want to keep riding around the block, making a bunch of noise, and no rain. I don't see you, my boy, but, listen, though, yeah, I oughta, you know what I'm saying? Yeah, I'm catching, man. Try and get your foot in the door, get that business in the door, and work your moves, be, you're going to be you on the inside, and get yourself out of the back, as you're working, as you've got to.   When you get in there, feel it.  I see you and Baby real tight, man. It seem like y'all got a brother with outside of music, man. Yeah, them my boy, me and Baby, I mean, got a couple friends, like, from real, that's like, one of my real friends, but they don't get that number I got, you know what I'm sayin'?    So, I think, just in that group right there, feelin' here, everybody got, cover all bases of, feelin' people for them to come from all over life, you know what I'm sayin'?  How did it, you know, once you got with CMG, how long did it take before you start really seein' some paper outside of the deal money, that's talkin' about from you grindin' and doin' your own thing, doin' the shows, doin' the feature, how long did it take to really go up? I feel like it was just, I don't know, my shit's different than I guess how it goes normally, so I don't wanna... You went crazy, you started like that, I heard the number, I was hearin' the number from promoters, promoters was at me, yo, yes, that's your McCauley while, I mean me, you mean like you was goin' crazy. But you gotta understand too, you was hot before you make that, so it was a difference. If you already hot and you got the, and see, and this go back to this, right? This go back to Opportunity, he was already hot. Did you make a show money already? I probably was gettin' like 5,000 a show. Okay, so he gettin' 5,000 a show. So, to somebody that's comin' from the streets, that's gettin' 5,000 a show. That's your fate.  That's your fate. So, when the Opportunity presented itself, and God, he came along, he took the opportunity. He took the money as well, because he had proof of concept. I'm already hot out here, I'm doin' somethin', not movin'. So that right there, values you to get more money. But he coulda said, I need 1.5. I need 2.5 million, I need 2 million. He could overpriced himself, and then he might not be where he at now. He might still be here, he might be bigger. But he might not be where he at now. So, when God is just warnin' me, he told me something, this is what gathered me for real. He was like, niggas are rather on 100% of nothing, basically. They're on 10% of everything. Right. You know what I'm sayin'? That don't make no sense. Right.  Right. Feelin' me, you gotta know what your principle morals is, and stand on it, and set your number, and they don't get it. You feelin' me? When you hit your mark, and go back to the John Boy, get you a new plan for triple amount, but the plan can't stay the same, and the number get bigger. Right. You got a million dollar plan, tryin' to get 100 million. Right. It ain't gonna work. Right, and you also gotta know your worth. Yeah, you gotta know what's up with you. You gotta know what's up with you. Gotta know your worth. Ain't nothin' wrong with knowin' what's up with you. You can always get it up, and it can always go down. Right. And once you understand your worth, you understand, okay, I know what I'm valued, okay, cool, now let me take my value to a different level. So when I come back, it's like an NBA rookie. He gettin' the league, he ain't gettin', he gettin' paid good, he gettin' paid enough to survive, he gettin' paid it. But now, I done proved myself, now I come back, I need that 130. Time to say that, time to go Mac deal, man. You feelin' me? You gotta do it like that, you got, part of gettin' to that part of it is not goin' to zero, not gettin' cute. You feelin' me? I'm lookin' off the opportunity, not missin' it completely. Right. Cause I'll let it sit count, you know what I'm sayin'? Cause I don't know what else. Right here. What is that right there? What? Okay, look how soft is that, all right. I told you to get the ketchup. I think I did. You better get that ketchup. You didn't even want it. Nah, this ain't no ketchup. Look, look, right here, right here, hold up, hold up. These are well done here. If you want some of these, they're well done. Just try this. Phase one, well done, it's just they're righteous. Edible. How's it going? Mm. Mm, you want it? These one right here. I don't know what that ketchup's for. I told you, man! What? Feel it. I ain't take me over here before. Ha, ha, ha. Yeah, that's a ketchup or something. Damn. That ain't my way. Yo, that didn't sit yo. How many people sit here? They got some pressure ketchup filled there. Ain't no way. It came out of here.  Ha, ha, ha, ha, ha. I walk you, I'm about to ask you about the good. Then they can see. Ha, ha, ha, done. I had it right here. I'm really, really ready. I'm really, really ready. Man. All right, all right, all right. You see, we got a G. All right, cut the cut. Right, down here. Middle of the night. You see the book, this? No. What's that? You got four more on the scrubs. Get them. Just come on, four more on this. We're going down. Hot and shrimp. You're gonna pay for it. Tonda, he's more of this. Tonda, with the ketchup on the shrubs. They got special ketchup on there. All right, all right. He said, look, the shrimp's so good. Nigga said, this ain't regular ketchup, man. It's not, it can't be. They got secret ketchup in there. And they only sell drinks at this motherfucker. He doesn't know the ketchup. This nigga makes so much money, he said. Nigga, we sell shrimp and french fries. And that's it.  Oh my God. That's all he's got. Can't even miss a nut. Come on, man. This might be true. My God, I already get it. This is all Wildo. When Wildo first came on from jail, this is all he wanted. You got it by him? Yeah, this is all he wanted. He built this in 1966, man. What are you doing? Right there. Man, man, got his head on the shrimp.  Here we have it, bro. I think he has it on. I didn't know what that little boy was. Look at the whole camera. Man, that's him, man.  Huh? Fucked them dogs? I got a few dogs.  That cost you a... That cost you a fluffy, unless you did it with a robot. Nah, yeah, man. I don't want no poor, more dogs. I got to get the right one, man. I don't want no poor, more dogs. Jerry, no watches. Hey, no dogs, man. You got to do... He's a football dog. He be walking around the house like this. Next year he's over. I think he got sick of sale. He don't eat a thing. He don't eat a thing.  Yeah, you're a dog, you tell him. He walk around the house like this. What do I want? I'm hurt. Done. I don't want to ski. My day was both on the compilation. Filled a down one.  I think D-mike might drop first. D-mike might drop first then down one. I don't know who's ready first. I'll let them tell you.  And they gonna be on the two or two, if you ever. It's gonna be some of their first shows. You know what I'm saying? That's all right? Oh, we do. Ready first.  Oh, never, man. Never, man. Never, man. Down one's gonna drop first. And then ski, Mike, I don't know. Whenever he get done, Jesse in it. Feel me?  I'll tell you, he'll freak me out about her.  Whenever he get done doing all that type, he'll probably drop bitches. My boy, he's more of a lover boy. Like, he's more of a, you know what I'm saying?  You know what I'm saying? He's more of a lover. Wait, hold it, wait. So he more of a lover boy. He more of a licking pool late, all booties. Hold up, let me just tell you this. Typical, like, skin. That's not a skin. Mike, what? You're clashing right here. He's been pitting me out right here. He's got a nice little dust can.  Not me, not ski. Hell no. Two more, here. Wait, mate. I was about to hit you. I was about to pass him on to the big stuff. We'll be here till still, we'll be gone. As you fry, that's what I'm laughing at, yeah.  Come here, turn to this camera, mate.  Look at it. Why are you laughing like that, man? That's cool, dawg. Don't worry about it, big. He wanted that zany kush. Look at him. Zany kush, got him.   Look at it, look at it, look at it. Now you try to step out of it. That wasn't it. That wasn't it. That didn't make it to the pool. We got to put that out there on the wild. We had to make a pit stop. We got to put that out there on the whole ESPG gang. Smoked reefer, man. He got bad ankles and smoked reefer. Bad ankles. I'm going to tell them I fell while I was sunning.  Oh man, I'm about to post that. I'm calling you. Welcome back, y'all. Y'all got tops and bottoms in there? Mike, man. Y'all got tops and bottoms in there? Some of the stuff, yeah. Y'all got top and bottoms in there? Nah. I don't think I got any off-white Jones bottoms in there. That's a gift from the Kurds, man. The wrapping is there, man. Y'all need us out of the way. $8,000 outfits there you did, man. Shit crazy, man. We do YTs for the line. Oh, all right. Man, that's what we did at my mom's here.  Your feet had to be right. You had to have a nice genome. You had to have some type of expensive genome.  And then you just let your jewelry do all the dancing.  That's right. That's right. That nigga do that. That nigga do that. That nigga do that. That nigga do that. Yeah. That's such a respect. Yeah. Right. You know what I mean? What's up? You got to make sure your sneaks right. Because basically, your sneaks and your jeans ain't right. Basically, your jewelry feet. Oh, man, you got that one with the American Eagle jeans. Nah, yeah.  Oh, no. This is the first one. I got a bean. He had them for a couple months. That's how they big. He got creases on him.  Yeah, bro. I got the whole thing. Okay. Yo, stand me. All right. I'm just doing domestic. White love. I got to be aggressive. I'm doing more white love. Black love. You know, I might go rap. Say it.  I really got to give you the swag you be seeing. You know what? You know what? Listen, hold up.  Shit, where you get your style from?  He's a keel. He's both of them.  This is why this is wallowing man wallowing ghillie You ain't come out here to a beautiful situation take advantage of all the opportunities coming your way, bro It's different than where you went in there man way. I mean I mean come out here and take advantage of this, bro I mean bring some value to the team and do whatever you need to do I mean support support bro and anything gonna be solid man.   We on camera. Don't say that Rollo try to set him up with that I told you we don't ABC news right now Crazy What's the day exactly though? It can't be no more than What's it? We were to be done with august four September October September October don't be someone that's that's feel like two days That's around the corner, man That's around the corner, bro He went in he got picked up Can't pick this case up I mean the fair they've got the case the fair can't pick it up when they're 364 right before we get out And they gave them 36 months. Would you know what they give you 36 months? 46 I swear February that's a blessing.  He's thinking it's over forever Man wait man come here man come on look to the fairs. He's saying this these things right get out the statement It's great be back on this is right when I'm popping off. This is when it's the fun Man, what is last day in there? They came and got him and took him to the fair Oh, he he he beautiful now. No, that's beautiful It's over All you gotta do is chill now. They ain't got no chief shirt there. That's my squad We got no chief shirts in there We doing that eagles drop next week though He was in with that Before he went to jail though, I ain't activated. He was putting it there. Well, yeah I can see you you put it together before you before you went to prison.   I appreciate it man. One love. I go by the name of john streaks, man You know I came up with that so quick, you know, I started writing the first verse when I first got in but when they granted me Uh john streaks underscored six one I get it for somebody Yo, thank you man. Yeah, you want to You know, I appreciate that Yeah, I'm on I'm on everything Spotify Man, brother. Yo, I got here. Yo, my guy. Yo. Thank you, bro. Thank you man. Yo, what's your answer on the card? Yeah, john streets. Yo es man. Thank you, bro Yo, thank you, bro Thank you, man. I appreciate it. I came up pretty get a twit card.  I showed them two forms of id I was so mad and I said, wow, I came out here start performing. They froze it Well, as far as all part of you impose it come over and get them over you post one for the top Bro, yo, thank you, bro God bless bro.    This is gonna really determine.  That's what it's about.  You know, that's hard for me to say. I know how I don't describe it though. Come with me Now let's ask the drip doctor Now look at these right here.  It's like a picnic Yogi burn, but in 2023 Babe, babe, yo, this is what you don't want And that's what we're gonna do for the drip segment The drip segment of today or after the day. This is this is closed out after that Y'all gotta go up and start doing your own things building your own groundwork So they can see that y'all can stand up. You know what I mean?  Do you look at CMG?  All right, I gotta go to the studio. I got a studio session out of land. I gotta go Chill in there for a week. I got an engineer.   I'm not saying you do but out of respect You should be willing to be security DJ whatever it had been times me and Gilby some I'm like no cuz we out of here come on I'm standing posting up.  I gotta be on point I'm selling security over my man. What you doing?     I'm gonna use that A lot of times it'd be the little things that count Because he he the main nigga that's used to looking out for everybody. Oh, yo later my friend. Yo, I gotta do this Yo, I need this. Yo, my daughter got this. Yo, so Would it be bullshit?  I ain't got no cigars.  What kind you need?   Oh, no. I got him dog I got your son. I'm gonna take care of your kids in town. I'm gonna make sure you go to practice Those things that's why still to this day What's up, OG? I'm just calling checking on you. Love you brother. Do you see all the niggas I've been solid with from back in the day that was solid Niggas, I'm still solid with them niggas tony draper All the cash money niggas all the street niggas Tonto sito busy while all the street niggas.  My lord, what's my pivot cheese to see In real men don't want any cash Yo You see me behind these gates, ain't you?  You would have been a CEO locking it. Get it yourself now I'm feeling Stay behind these gates That was way better. I know All right, you bet is that we was asleep. He already told me. He said we want the sleep. They was hurt That's what it was. Y'all was jet lag What's up, what's up, man? Got the team with you girl I swear to god Hey, come here and show some love You know what I mean? Hey girl, fill me in the house. Fill me in the house. Hey, they said that's a real Philly, Phil. I ain't the real Philly. You from Yate, nigga. We got love, dawg. It's real though, yeah. Y'all coming in? Yeah This is gangster right here. She keep her home girl with her.  That's real. Doing good


Live from Orlando, Florida, it's theCUBE. Covering Microsoft Ignite, brought to you by Cohesity. Hello everyone and welcome back to theCUBE's live coverage of Microsoft Ignite 2019 here in Orlando. I'm your host, Rebecca Knight, along with my co-host, Stu Miniman. We are joined by Chris Weiberg. He is the vice president of product marketing at Cohesity. Thank you so much for coming on the show and for providing us with this great space, this prime real estate. We really appreciate it. Yeah, it's been a good spot on the show floor and I hope this is working out for you guys here with all of us branding and so on behind you. It has been terrific. There's 26,000 people from around the world here at the Orange County Convention Center. Well, talk about how the conference has been for you here at Cohesity. Yeah, I think it's gone really, really well. I mean, apart from the lovely booth property we have right here, some of the keynote messages around the importance of hybrid cloud moving forward with what Microsoft's doing with ARC and things like that really resonate with how we see the market. So a couple of announces we've made have been around support for Azure Stack and for the AVS, the Azure VMware solution. And that's just what we see with our customers across the board. And I think Teresa actually mentioned this yesterday that if you look forward at most organizations' cloud journey, they end up somewhere in that hybrid range, right? They may not all be there today and maybe just a little bit of SaaS, O365 to start off with, for example. But looking ahead, unless you're natively born in the cloud and that's typically small organizations, most mid to large enterprises are hybrid cloud. Viewers that are not as familiar with Cohesity, which is a company that is growing from strength to strength, tell us a little bit about what you do. Yeah, yeah, sure. So we are very much a software defined data management platform. And typically when I say that to people I get blank stares to begin with, right? But let me tell you really what we've thought about and this goes back to the heritage of our founder. He, before he co-founded Nutanix he was the lead engineer on the Google file system. And the philosophy he has for Cohesity and the direction that we're going is very much based upon his experiences there. If you build a shared nothing distributed file system and you do that right, you establish a great platform to build upon, right? And so if you think about what Google did they did that with the file system that today runs many things, right? Gmail, YouTube, all the G Suite apps. But the first thing is they built that file system and then they figured out how to manage that in a distributed fashion, right? Because their points of presence are all over the globe these days. And then on that they started delivering applications. But if you think back, the very first application Google delivered was what? The search, right? That's how they became known as a company, as Google search. And so for us we're taking that same mindset towards dealing with enterprise data. So if Google does a great job with data in the consumer world for the things that they own and operate, organizations don't have that luxury of having Google come in and crawl and manage and index all their data, right? We can help do that. So the journey begins with the genius behind our distributed file system that we call SpanFS. And that's what a lot of the intellectual properties gone into is building that file system that truly is web scale. That's shared nothing architecture, scales from on-prem in your data center core to the edge to the cloud. And then being able to produce a manageability layer on top of that, something we call Helios that manages all the data across various sites you may have managed by Cohesity. And then our first app if you will on top of that platform really is data protection, right? So people may know us first and foremost as a backup and recovery company. And absolutely that's something we're really, really good at. I would put us head to head against anybody else on the show floor here in that regard. And candidly many large enterprise customers have done that with us and chosen us as their solution. But I think from there the question is once you amass the data, what can you do with it? And how can you get more out of it? So if you look at backup and recovery I think traditionally that's been largely viewed by IT operators as an insurance policy. It's there, something goes wrong. But we believe you can do more than that. You can not only have that insurance policy to help with things like disaster recovery and coming back from ransomware attacks and so on. But how can you do things like put analytics on top of it to get more out of it, get better insights out of it? How can you have another customer that stores all their customer care phone calls? It's a voice object, right? Kind of opaque, but they want to transcribe that. Why don't you do those transcription services on top of the data that you already have from that backup and recovery solution? And so get the data through backup, get the data through files and objects. I think David Noy talked about that with you earlier. And that's a great way to start to aggregate and consolidate not only the data in your enterprise but also all the infrastructure silos that are out there. And so that's problem one that we solve and then we go from there. So Chris when I think about all the various customers here one thing they're dealing with, there's a lot of change. They've got their business challenges whether it's adopting the cloud, looking at edge, adopting containerization. It's always defined by the change that's going on in their environment. Traditional backup and recovery was please don't change everything. I had my backup window, my administrator, I had the program that I'd used for 15 or 20 years that I trust and I know and I please don't sneeze on it because I've got it the way that I like it. Over the last like five years, companies are because of that change, they're looking at new solutions, they're looking at other environments. Tell us how Cohesity is riding that wave to move. Not like enterprises are moving fast but they're at least looking and aware that if they don't make some move everybody else has moved along. So they need to at least be a little bit more agile and move faster. Well I think first of all thank you for realizing that oftentimes are number one competitors that do nothing option. I've done this forever this way, why change? But to your comment about the backup window, well there's no such thing anymore for most companies, it's seven by 24 by 365. And so that alone I think is causing people to step back and say hey is the way that I used to do things still the right answer or is there a better way? And so that's often the beginning of a conversation we'll have where maybe their current contract with an existing provider is coming to a point where there's a window for renewal and they want to look at something different. But I do think and we had a customer panel earlier today at the show where a couple of law firms are talking about this. They just don't have the luxury of time they used to to deal with this and so that sort of causes change whether you like it or not. And so that's often how we begin that conversation even though to your point these folks sometimes aren't the most risk embracing crowd in IT. They're not on the bleeding edge all the time because if you're in the insurance policy guys you don't want to mess that up. But that's what we find is the disruption we're bringing in the market creates an opportunity to look at how you do things differently. We had another customer panel back at VMworld in San Francisco this year where one of the customers had actually three different providers. One that was doing backup software. One that was target storage and another that was the media gateways to handle some of their information. He was happy with all of those. But when he looked at that and he said wait a second instead of dealing with three companies I can deal with one and I can per data center eliminate about a half a rack of gear. He said that for me was it. That was the no brainer that led me to you guys. And so that's what we're seeing. So as a former IT practitioner yourself I'm curious to know how your background helps you get inside the brains of these people who are making decisions where you said the do nothing option is compelling because it's easy. And yet it is the wrong way to go because in this ever changing world that's risky in and of itself. It's always a risk reward balance. And so I think whenever you're introduced to something new to the market and new concept you feel the pain as an organization because you're having to educate people about there is a better way. I mean think about let's use Mo-Hit's former company Nutanix as an example of that. I remember the battles early on people were scratching their heads. What is this HCI thing?  They put it all together and took a while to get going but when they did it, it really took off. And I can think multiple examples. I mean Apple and the iPhone, what have you, right? And so we're sort of at that stage as a company where people are just starting to get their head around the opportunity we're putting on the table by disrupting the way things run today and actually making their lives better. And so it's not just having an understanding of that from my background. It's then being able to articulate the benefits not just to the organizations looking to save money and do things more efficiently but actually to the IT operators themselves, right? I mean, you talked to Teresa about this a bit yesterday. IT burnout is a thing. And anything you can do to make manageability and automation easier, the better off the folks actually doing the work are. And so that's something we care about deeply as well. It's not just saving money, it's giving you a better way to do it and ideally taking the complexity of the puzzle you're managing today and making it easier, simplifying it. So Chris, one of the challenges is as you were talking about, you can replace multiple solutions out there, but it means that there are multiple constituencies that you need to talk to and position your product. So with your marketing hat, how do you look at the roles and the message that you need to get to? Super good question. So my team will appreciate that you asked that. So one of the first things I did when I came on board a few months back was say, hey guys, we really need to sit down and think through the different personas, a classic marketing approach that we're talking to and really understand what's in their heads, not only today but formerly and then what are they looking at going forward? Because if you're going to cross that chasm, you need to understand that whole life cycle and what are the things that you can grab onto that draw their attention into these solutions we provide? And so we're going through an exercise right now to refresh those personas and be able to arm our field and our partners to have those conversations because it does touch on different people in the data center. Absolutely true. So what, I wanted to return our conversation and come full circle with the very beginning of what is resonating with you here at this show. There have been so many new product announcements. You started talking about Azure Arc as sort of something that is catching your interest. What are you going to take back with you when the show is over? I was chatting with some of our PM team earlier this week. We have our own management solution and we've done a lot to simplify it and make it easy to use. But as is the case for many providers, we are a building block in a bigger data center strategy. And so importantly, while I love our console, a lot of people may not want to use it. We may not be the center of the management universe. And so something like Arc, and you saw this in what they demoed not just being able to manage an Azure environment or reaching across the aisle to AWS and so on, we need to be able to fit into that management framework. And by the way, they're just one provider that does that, that at most guys are out there and others. And so the good news from a Cohesity standpoint is the products have been built ground up with an API first approach. And what that means is you can take those declarative statements that you have in let's pretend someday Azure Arc and use that to orchestrate deployment and management of Cohesity as well. And that is candidly one of the beauties of being a software defined solution. We thought about that from the ground up. And so I think we're not only ready for today, but also for the future. Chris, want to give you any other kind of customer aha moments or things that are brought through final takeaways from Cohesity at the show? Yeah, I think customers are still discovering us is an aha for me. The big change that I've seen in the booth behind us year over year is they think in the past, we've only been in operation really selling for three years. It was who are you guys? And what's up with all the green, right? This year, the conversation has shifted to, hey Cohesity, I know who you guys are. I'm looking at changing things up in my software defined data center. I think you might be a part of that. So tell me why you're different. And so I'm really happy to be here and get the opportunity to have that discussion this year versus where we were last year. And again, I think the types of questions that we're getting are much more focused on use case. How can you help me solve this pain point, this problem? You know, ransomware has been a constant conversation in the booth and the ability that we have because of what we've done, again, back down the file system to do what we call an instant mass restore. That's an interesting feature on a data sheet, but I tell you what, when you've been subject to a ransomware attack and you're just lights out, that ability to bring back the whole environment very quickly at once really is a differentiator for us. And so it's those sorts of conversations we're having this year, which is a nice step forward. And so hopefully, you know, we'll come back next year and things are on that upward path even more so. Excellent. Well, thank you so much, Chris Weiborg. It's a pleasure having you on the show. Yeah, great to be here. Thanks guys. I'm Rebecca Knight for Stu Miniman. Stay tuned for more of theCUBE.


Good morning and welcome to CMC Markets on Friday the 17th of June and this quick look at the week ahead beginning the 20th of June But before we get to that, I think it's important to obviously look back at the catalyst For this week's big market sell-off We saw a little bit of a decline late Friday as a consequence of a much hotter than expected 8.6% US CPI number and There were reports out over the weekend last weekend that is that In the lead-up to Wednesday's Fed meeting there had been some anonymous briefings briefings to buy beneficials to Friendly journalists about the prospect that rather than doing 50 basis points This week as had been widely expected and widely briefed by Fed officials and Powell J. Powell in particular That the Fed was looking to potentially do 75 basis points on Wednesday and obviously that is That is essentially what turned out to be the case However, the way that it was done obviously raised more questions than answers You know the bigger question is what does one CPI print tell you that other Indicators don't and certainly a lot of the other indicators that we've seen from the US economy Have shown that there is an economic slowdown This week earlier this week after obviously the Fed meeting We saw housing starts and building permits fall quite sharply. I Think one of the concerns that Fed officials had I think in Undergoing this policy shift so late in the day during the blackout period Was that inflation expectations on the Michigan consumer confidence numbers which came in at record low We're edging quite a bit higher But you know inflation expectations come and go and they tend to be fairly transitory in nature Having said that there's that T word again But nonetheless To react on the basis of a single data point when the PPI numbers Do appear to be showing some signs of softening And have been on the decline Since the peaks that we saw in March they they fell back in April and they fell back again in May would suggest that Inflation pressures in the US economy are starting to plateau and that the Fed could have easily achieved its goal of Signalling a significant tightening of monetary policy by doing 50 basis points We're putting 75 basis points back on the table for July after Powell took the prospect of it off the table in His previous press conference so certainly communication on the part of the Federal Reserve was Severely lacking this week and certainly I think conducting policy by way of leaking to journalists is not a good look There are certainly more ways that these the Federal Reserve could have articulated its message Rather than the way that they did That being said the damage is done the Fed hiked by 75 basis points signaling a determination to get on top of Public enemy number one, which is high levels of inflation and more importantly than that To try and pair back long-term inflation expectations with a view to Potentially starting to cut rates towards the end of 2023 beginning of 2024 certainly the Fed dot plots Do appear to suggest that that's what the Fed expect to happen go hard and heavy now With a view to prompting a short sharp shock a recession By the end of this year beginning of next With a view to cutting rates later the only problem with that scenario is that the US economy could already be in a technical recession that's because in the first quarter we saw an economic contraction and given by The look of some of the recent data and the weak retail sales numbers that we saw this week for May there is a case to answer that potentially Q2 could be as weak or Not quite as weak, but certainly Could be a minus number for Q2 which innocence will be a technical recession So we could already be there That was followed up on Thursday the Fed rate hike of 75 basis points Which had largely been priced in but had already seen a significant sell-off in the s&p 500 in the lead up to the decision Before we got a late Friday bounce So Friday bounce late Wednesday bounce in the aftermath of decision followed by a complete meltdown on Thursday, so we've Basically, haven't been able to get back significantly above 3810 area which happened to be the previous lows So that remains the key resistance level on the upside So we're still making lower highs. We're still making lower lows and while we're below 3840 Though the previous reaction highs that we saw on Wednesday Then for me we still remain on course for a move towards three and a half thousand I think one of the reasons that Was responsible for the big sell-off Or exacerbated I should say the big sell-off that we saw on Thursday was surprised was the surprise decision By the Swiss National Bank to hike by 50 basis points That was a surprise. No one would really expect it at the hawkish pivot that we got it was significant in that it came completely out of the blue and while I think the expectation had been that the SMB would signal that they would hike rates in July There was never any prospect that they were going to pivot as hard as they did When they met on Thursday But that's essentially what happened and you can certainly see that reflected in the way dollar Swiss behaved yesterday And it's quite significant that we weren't able to break above parity against the dollar we've posted a Keyday reversal on the daily chart the day before And then of course the big big decline 3% decline in a single day and obviously we saw euro Swiss come lower as well So I think what's changed this week is that not only have central banks Become an awful lot more serious about tackling CPI They're going to be really aggressive going forward with respect to how they do it. They're going to target headline inflation to The exclusion of pretty much everything else. They the the trade-off is higher unemployment And if that's the trade-off they have to make that's what they're going to do The the upside of that is unemployment is at very historically low levels at the moment So they certainly got an awful lot of wriggle room to play with the same can't be said for the Bank of Japan the Bank of Japan has continued to remain on hold continues to Practice it's a yield curve control and on that basis We've seen a bit of a pullback in the dolly in so one that I think the thing that gives me pause here with respect to Dolly in is we saw a six. We saw a similar Bearish Kido reversal. We've seen a break lower, but now we're heading back higher again. So The dynamic here is slightly different, but nonetheless even though I think there's potential for dolly and to potentially go back through 135 and it was 137 the chart is in me is a little bit reluctant to To potentially go aggressively long at these sorts of levels Unless or until we break above these two twin peaks here at 135 50 So certainly in terms of a cautious, you know short position on dolly in I think You know that there may there may be some mileage in that with a fairly tight stop loss But certainly in the context of that chart there the pullback that we've seen on the back of this morning's decision Does suggest that the Bank of Japan is no closer To looking to tighten monetary policy. Maybe next week CPI numbers will do that And that's one of the key items that I've got on the agenda for next week. Japanese CPI Form a we've seen a 14% decline in the yen So far years a day and a central bank policy of neglect of the exchange rate As it tries to basically push headline inflation Above that 2% level and it currently is above 2% If you exclude food and energy is at 2.1 It's likely to remain in that sort of level, but korota has said that he wants it to Be maintained above That 2% target for a period of time So I think it's unlikely that the bank of japan is going to Tighten monetary policy Certainly in the short to medium term until we get clearer evidence That cpi headline cpi is well above that 2% level I think he could be You think he could be finding out the answer to that in fairly short order Given the big declines we've seen in the japanese yen over the course of the past Few weeks The big topic for this week the bank of england the bank of england once again Basically failed to deliver failed to deliver Flattered to deceive And yes, they did offer some fairly hawkish guidance but once again The 25 basis point rate hike at a time when inflation is expected to Not only be higher at the end of this year than it is now But also to be significantly higher At the end of this year in fact the bank of england revised up their inflation forecasts From 10% to 11% while at the same time Saying that it would be they would be prepared to act forcefully to rein in higher than expected levels of inflation Which sounds a little bit oxymoronic If you like because they're talking about the need to rein in inflation They're talking about the need to act forcefully to rein in higher levels of inflation They then upgrade their inflation forecasts and then only raised by 25 basis points And yes, they did hold out the prospect of much more aggressive tightening between now and the end of this year And the current base rate is 1.25 percent Now obviously markets are pricing in much higher rates Than that by the end of this year. In fact markets are pricing in another 1.75 percent in rate hikes between now And the end of 2022 Well, there's another four meetings between now and the end of the year The next meeting is august 4th That's when we get the latest set of economic projections and the economic forecasts And maybe there's a case to answer that perhaps the bank of england is going to hike rates more aggressively At its august meeting when it's in receipt of these new forecasts But between now and the next bank of england meeting the the federal reserve will be hiking by at least another 50 Or 75 basis points Given the fact the bank of england has already 50 points basis points behind the federal reserve And is likely to be and it's another 100 points behind by the 4th of august You could argue that they're falling even further behind that being said The promise of higher rates did prompt a big rebound in the pound on Thursday, but we saw a little bit of a rebound on wednesday as well Almost significant about that was that we managed to hold above that key support level That I highlighted and have been highlighting for several weeks now around about The lows that we saw back in 2019 apart from obviously that level there this 1951 20 areas big It's huge massive We weren't able to close below that the reaction of that suggests that we could we'll see Further sterling gains going forward and we could see a little bit of a period of dollar weakness now that Bias will only remain while we stay above this key level here But certainly I think the bank of england have probably done just about enough perhaps To put a floor under cable But what they need to do now is they need to deliver You know and there's an awful lot of water that can flow under the bridge between now and the 4th of august so You know it remains to be seen as to whether or not we're going to see a higher cable But certainly on the charts the daily charts The prospects for now Look fairly positive for a move off the lows back to these sorts of levels around about 126 And potentially higher. We're still very much in a downtrend on cable But there is encouraging evidence perhaps That we could be starting to See a little bit of a bottom and perhaps choose these cpi numbers for may Could maybe feed into that more bullish narrative because the bank of england has said That if it continues to see firmer levels of headline cpi That it will be much more inclined To hike rates more aggressively now that's going to be a big move if it happens if the bank of england hikes by 50 basis points Between now on the end of the year It'll be the first time it will have ever hiked by more than 25 basis points Since the npc came into existence in 1997 The bank of england have never hiked rates by more than 25 basis points. So 50 will be a big deal The fact they didn't act this week is disappointing And I think a missed opportunity. I think they had the opportunity to get ahead of it But nonetheless We are where we are we I think they've just done just about enough But you know this this particular comment on mine May well not last The next week or so it will remain to be seen but certainly expectations for may cpi Are for an increase in the headline rate from nine percent To nine point two percent with core prices set to remain In and around the six percent level I'm going to pay particular attention to The ppi numbers because the ppi numbers still remain very very high And if they continue to move higher on an annualized basis And in april they were at 18.6 percent on the input level We're expecting another raise to 18 point another rise to 18.8 That would suggest that we've still got more room for inflation to move higher ppi is 11 point is 11.1 That's expected to rise to 11.4 So I just can't help the feeling that the Bank of England didn't do enough And we'll probably need to make signal a not more hawkish intent When it comes to trying to put a flaw Under what we're seeing is underlying sterling weakness Which is exacerbating the inflationary impulse when it comes to food and energy prices And given the fact that obviously the pound is down over 10 percent against the dollar Over the course of the last 12 months, which is making matters even worse Euro sterling We've seen quite a lot of volatility in that we had an ECB emergency meeting This week where they announced the possibility of a new tool A monetary policy tool to deal with fragmentation in eurozone bond markets I'm still very skeptical about how that is likely to work Certainly the markets liked what they thought Would be a game changer But that lasted all of about 24 hours But it did have the effect of basically knocking out all those euro sterling short positions above 86 Going as high as 87 40 before falling back But what's different here is that we are now very much in an uptrend for euro sterling and Until or unless we break below this trend line here There is perhaps A chance that we could well head back towards those peaks that we saw earlier this week Really want to see a significant break below 85 and the series of lows around about 84 80 To signal that we're going to fall back into the range that we've been in over the course Of the last few months and as we can see that from here, you know euro sterling This is the first I think significant volatility that we've seen euro sterling over the course of the past few months But it's still very much chop, and I think it's still very much Is range bound when it comes to Where it's likely to go to next I don't foresee any significant Sterling weakness when it comes to movement in euro sterling. So To say certainly in terms of the data There's really not an awful lot to look forward to next week. Let's look at euro dollar Again, that 103 40 level continues to look fairly well supported Perhaps there's a perception that maybe the dollar has topped out Certainly, I think if you look at the way dollar swiss behaved There is a there is a prospect that maybe the ECB sorry the swiss national bank Could potentially Do further rate hikes Certainly, I think the sell-off that we saw in the nasdaq and the s&p Was prompted by concerns the swiss national bank might look to reduce its holdings of US tech stocks of which it owns quite a significant portfolio Owns big stakes in apple tesla microsoft amazon alphabet And that could well be behind why we've seen the big sell-off this week in the nasdaq. We are now at 18 month lows there What's significant about the sell-off that we've seen this week from the nasdaq Is that now that we've broken below the 50 Retracement level of this entire up move from the 2020 lows We haven't been back above it and I think there's a decent chance that we're going to see further losses in the nasdaq 10 and a half thousand is my next target for that three and a half thousand is my next target for the s&p I don't think the Losses that we've seen This week are the end of the story. I think there's more losses to come It remains very much a sell the rally type of market and We've gone to I think the sentiment has shifted from Fear of missing out to fear of holding on fomo to foho. Yes, there's a new acronym doing the rounds We are now looking at potentially fear of holding on so We haven't seen capitulation yet when it comes to the us tech sector I think certainly a retest or a test of 10 and a half thousand on the nasdaq is likely over the course of the next few days and weeks and similar declines in terms of the s&p 500 Certainly, there's no evidence at the moment That a base is in And we certainly we certainly need to be cognizant of the risk Of further declines. I've also seen this week is the footsie 100 fall back below the lows that we saw in may found a little bit of support seven thousand We're still above the lows of earlier this month Significant that seven thousand level has held. It also held back there in november last year Obviously, we saw a little bit of a spike below there. We didn't stay down there for long So perhaps we've seen a little bit of a short-term base In the footsie 100 As well, there certainly does appear to be a significant area of support in and around 69 87 So perhaps We're probably just seeing a little bit of a widening of the ranges when it comes to the footsie The german dachs also managed to hold above the lows of earlier this year, but certainly I think there is there is This feeling that maybe european markets are more vulnerable Um, certainly the there's there's risks of an earning slowdown I don't think the ecb is going to be anywhere near as aggressive It comes to hiking rates as federal reserve is likely to be or potentially The bank of england by nonetheless We are still on course for the ecb to hike rates in july I think the big game changer will be whether or not We see any progress on a fragmentation tool And we'll know more about that by the time the july meeting comes around another theme This week which has helped drive the equity market selloff has been the weakness in bitcoin And I really wanted to talk about this this week simply because of this support level Here at around about 19,650 19 700 Why is that important? It's important because it was the previous peaks and the previous resistance that marked the move up In december 2020 to the record highs that we saw Back around 60 000 here and another go at 60 70 000 we've fallen all the way back So that really this 19 000 there was the peaks back in 2017 It was the peaks for a while back in 2020 once we broke above that We moved significantly higher and I think if we're able to consolidate a move below That 19 600 area 19 700 at that area between 90 and a half thousand and 20 thousand Then you can see further margin calls Companies like micro strategy who have very big bitcoin holdings could well have to sell out of those positions Excessivating a move towards 10 000 So if we are if we do see a significant break lower in bitcoin that could spill over into a broader um asset market equity market selloff going forward um as people um Try to free up cash to me margin calls going forward um Brent crude prices once again No real sort of clues on that Still remain a little bit top here around about 125 126 It's significant The equity markets hit their lows Back in march When crude oil prices Hit those highs back in 140 We've retested The 125 area but we haven't as yet retested the lows In equity markets, I think further moves higher in oil prices could constrain Obviously equity markets going forward if they continue to move higher Certainly, I think it's going to make central banks much more Determined to push rates up if commodity prices continue to remain at their currently elevated levels What else am I looking at this week aside from cpi from the uk and japan? Not much we've got flash pmis from france germany in the uk But to be fair, I mean there are they're they're largely meaningless Because so they certainly don't signal that any of the respective economies in france germany or the uk Are experiencing economic difficulties and they undoubtedly are They're still in the mid fifties and they don't really give a significant indication Of how well or otherwise the respective economies are doing We do have us bank stress test results And these were basically laid out by the federal reserve earlier this year And I think they're important and I think they're important for the following reasons at a time when prices are surging consumer confidence is plunging The results of these stress tests could not be timelier Fortunately with the unemployment rate at a multi-year low of 3.5 percent This week's results should not have too much in the way of concerns Over the resilience of the u.s banking sector I think we know that it's in much better shape than it has been For quite some time, but certainly the direction of travel for bank shares In this case, we're looking at jp morgan chase And obviously owning season will be starting within the next month or so And obviously u.s bank earnings will be front and center of that These Back these stress these these bank stress tests are basically Done on the 34 biggest u.s banks And we'll see the results of a severe global recession With heightened stress in commercial real estate and corporate debt markets now this year's tests parameters include a 5.75 percent rise In u.s unemployment to over 10 percent over the next two years The test also models a 40 decline in commercial real estate values widening corporate bond spreads and a sharp rise in market volatility so um Furthermore banks with large trading operations will be tested against the collapse Of one of their largest counterparties. So they're going to be quite Significant I think an awful lot of the u.s banks are likely to pass them. Certainly this the systemically important ones Will be but nonetheless, I think they're that That there'll certainly be a good yardstick for or a good good setting up point for earning season which starts in a few weeks time On the earnings front We've got associated bridge foods owner of primark Um, certainly, I think if times are tough you would expect a company like associate bridge foods, which has a fairly diverse um Operating model to be doing much better, but it's very much in a downtrend There is I think some evidence that we could be forming a little bit of a base um Share price is at two yellows It's Flipped to a nine-year low briefly below the march 2020 lows in april here um Has since recovered But the thing with abf is it also has a food sugar and agriculture business So obviously costs there are going up costs in its supply chains Are going up But as a budget retailer and particularly in the context of primark Its business has rebounded quite significantly And in april the company reported a 25 rise in first half group revenue of 7.9 billion pounds So these q3 numbers um Are likely to be important in the context of the wider Retail story the wider consumer discretionary story now earlier this week fast fashion retailers ace or some boo boo boo-hoo boo-hoo Got absolutely pummeled on the back of their latest numbers and that suggests that You know fast fashion is starting to fall out of fashion pun intended um So it's really a question of budget retailers should Do well, you know have the shares fallen far far enough to be considered a bargain um, you know, and I think that's a big question that um Investors need to ask themselves In europe the bounce back has been much more muted consumer foot forward is still weak in europe u.s. Is trading well Food division seen a sharp rise in input costs, which is eroded its operating margins But nonetheless, you know the company is doing fairly decent You know it's doing fairly well Economic conditions notwithstanding and did announce an interim dividend of 13.8 people share Which is due to be paid on the 8th of july. So, you know, the bigger question is is this Are we are we near the bottom or are we got further to go and at the moment? You know, I think an awful lot will depend on this week's q3 trading update and more importantly how um Primark management associated British foods management see the outlook another key bellwether of How well the economy is doing Is logistics parcels and logistics and fedex? um A scene a very challenging year Um, certainly there's big resistance at $240 we saw a big spike In the share price earlier this week when fedex announced they'd be increasing the dividend To $1.15 to share as well as announcing a significant board board shake-up um Four-year profits guidance was kept unchanged in q3. They've been they they spent most of the last Nine months adjusting it down Adjusting it up adjusting it down adjusting it up disruptions caused by the omicron variant caused some Disruption staff shortages in q3 this week's q4 numbers um, are likely to see the effect of Fedex raising its fuel surcharge fees across all its shipping services from the 4th of april The costs of labor saw an increase of $350 million in q3 the fact they're increasing the dividend suggests that This week's q4 and four-year numbers should meet or beat expectations With q4 profits expected to come in at $6.87 share So certainly be a decent indicator of how well the u.s economy is doing Um, given the fact that obviously we saw a little bit of weakness in may retail sales and figures released Earlier this week also got carnival cruise line sector No respite there that looks pretty ugly um Carnival reporting first half numbers higher fuel prices are likely to impact them obviously disruption to flights and what have you Um, it's causing its fair share amounts of problems. It's q2 numbers this week They're still expected to see the company make a loss But bookings have started to recover strongly and hopefully the second half of this year Will be a vast improvement on the first half of this year So those carnival numbers come out on the 24th of june, so Um, that's pretty that's pretty much it for this week. As I say this we've had quite a lot to get through It's been a busy week. It still feels very much like a case of sell the rally type of market um The direction of travel for central banks Is very much towards higher rates. That's likely to be a case of um You know the type of dictate the type of recession that we're likely to Um experience over the course of the next 12 months and make no bones about it I think recession is never inevitable. It's really a matter of degree And I think as a consequence of that market volatility will reflect that So that's very much it for this week. Thank you very much ladies and gentlemen for listening. Have a great Weekend speech all same time same place next week. Thank you