Delivering the profit much earlier than expected . Delivering the profit much earlier than expected . Yes, it was a huge surrise, than expected . Yes, it was a huge surprise. Disney than expected . Yes, it was a huge surprise, disney has than expected . Yes, it was a huge surprise, disney has been than expected . Yes, it was a huge surprise, disney has been trying i than expected . Yes, it was a huge i surprise, disney has been trying to adapt as people ditch cable tv and switch to streaming services and they promised wall street that its Streaming Business would become profitable by september and here we are, ahead of schedule, because since disney plus launched in 2019 to compete with netflix it had been losing money, but now for the first time disney plus and hulu have turned a profit and executives say the full rate streaming portfolio is on track to become profitable later this year, so you think that would become great news, but if you look at the share price, it is down nearly 1
That . I is not overheating, can it sustain that . 4. , that . I think it will. Right now the market is focused that . I think it will. Right now the market is focused on that . I think it will. Right now the market is focused on Recapturing L Market is focused on recapturing what it lost in the 5. 5 pull back we experienced since reaching the 22nd all time high on the 28th of march, and our expectation is we could continue to see us gdp growth in the 2 area but then also see inflation continue to come back down, allowing the fed to cut Interest Rates at least twice by the end of the year. Is Interest Rates at least twice by the end of the year. End of the year. Is there a risk that It Overshoots . End of the year. Is there a risk that It Overshoots . Americans| end of the year. Is there a risk that It Overshoots . Americans saved up that It Overshoots . Americans saved up a lot during the pandemic but now they seem to have exhausted that, so where does that leave us now . fiur where
Work recognise thats how it will have to work im recognise thats how it will have to work. Im leading a minority government, i will need to reach out to others government, i will need to reach out to others to government, i will need to reach out to others to make things happen, to Pass Legislation, to agree a budget, to pass Pass Legislation, to agree a budget, to Pass Legislation to agree a budget to Pass Legislation to agree a budget. These sound like dry, technical budget. These sound like dry, technical parliamentary terms but what they technical parliamentary terms but what they mean in reality is, if we want what they mean in reality is, if we want to what they mean in reality is, if we want to fund our schools and hospitals, if we want to give our businesses a competitive edge, if we want to businesses a competitive edge, if we want to take climate action, if we want want to take climate action, if we want to want to take climate action, if we want to eradicate child poverty, i