 Mark Bailey from Fig Securities on this. Mark, hello to you. Thank you for joining us. I mean, if we take in this number, sort of in its hole, the headline figure was not so great. Earnings growth was good. I mean, where's the Goldilocks figure in the middle that is just right? Yeah, good morning, Natsaleh Mouthing. Exactly correct there in terms of the headline and then the wage inflation. I guess in terms of the, there's a bit of weakness in terms of the average weekly hours worked, which came in a bit softer at 34.3 rather than 34.4. And also that unemployment rate did tick up to 4.7, but largely driven by an increase in participation rate as more people came back into the workforce and started to consider looking for jobs as well. So I think in terms of the Goldilocks scenario, I think if we were pretty close to it there, maybe the Fed would have liked to have seen a stronger headline jobs figure. I think in terms of that hike in the first quarter, I think we're pushing it. I think the market is pricing it around about one in four, 25% chance of a hike by March. I mean, that's probably be about right. I mean, a lot of commentators are saying like, let's really focus on that wage inflation, the wage growth figure of 2.9 as you rightly correct it. They point out it's the highest since 2009. It's something that will worry the Fed, but I don't think it will do sufficiently enough for them to kind of jump in and start hiking a lot quicker than the market consensus, which is at around about three for the entire year of 2017. And that in terms of the comments on the data, you had Cleveland regional Fed President Loretta Mester talking about the figures and saying, look, they were pretty much in line with what they were expecting at the FRMC. The median consensus is for those three hikes during 2017. And she's actually kind of a slight hawk in terms of where she sits on the Fed on the FRMC scale. And she's actually saying, look, I'm my forecast, my own individual forecast for probably slightly more than three in 2017. But as always, it's always data dependent. I'm not sure that we'll even get to two during 2017. I just don't think the data will be there. And especially in the first quarter, once Trump is inaugurated later in January, it'll take time for his policies and his fiscal stimulus to work through the system. And I think the Fed will be probably keen to sit on its hands, unless it does see a huge spike in inflation and those jobs data kind of continue to be a lot stronger than the market expectations are. Well, on that note, I mean, you commented on Loretta Mester's comments coming through. But we've also had some Fed talk coming through from some of the other policymakers as well that I just wanted to guide viewers through. And Chicago Fed President Charles Evans, one of the Fed's most dovish policymakers, saying, I still think two moves is not an unreasonable expectation, but it's going to depend on how the data rolls out. And if it's just a little bit stronger, three is not going to be implausible. Meanwhile, Fed Reserve Governor Jerome Powell said on Saturday, low rates can lead to excessive leverage and broadly unsustainable asset prices, things that we watch carefully for and do not observe at this point. So certainly messaging coming through from the Federal Reserve there. What would you take, really, from policymakers' stance at present? Oh, look, I think that, you know, as in all those comments, it's data dependent. I'm probably more on the Evans scale in terms of a bit more dovish in terms of maybe we get to two. But, you know, again, it's data dependent. And, you know, there's a lot of potential volatility, especially surrounding Trump and also the elections in Europe to throw spanners in the works as well. You know, I guess the market is pricing in and assuming that everything goes to plan. But, you know, there's always, you know, events that occur out of the left field that we haven't really expected or predicted. And, you know, there's a lot of political, I guess, challenges and uncertainty ahead, especially in Europe coming forward as well. And, you know, in terms of what the ECB does as well, we'll play into partly what the Fed has to do in terms of the dollar strength and how it will protect U.S. firms in terms of further dollar strength and the weakness there in terms of their exports versus imports. And, you know, the impact of Trump's potential trade policy as well and how all that plays out. So there is, you know, probably more uncertainty. I know we talk about it all time and time again. There's probably more uncertainty moving in 2017 in terms of the geopolitical aspects than economic this year. But this year is certainly the case, especially with Trump, who is such an unknown in terms of what he will actually manage to achieve and the actual impact of those potential policies on the actual real economy in terms of jobs growth and inflation. You know, I'm still a bit of a doubter in terms of whether we see, you know, real wage inflation coming through because of the fiscal spending and whether we actually see an increase in U.S. inflation coming through as well. You know, we didn't see that at all when you would have expected it with all the QE that was carried out by the central banks post the GFC 2007, 2008 and onwards. And so, you know, fiscal spending, I'm not sure. So, you know, I think that you'll see, you know, market participants positioning for higher inflation. And you've seen that in terms of the yield curve reaction. And again, you know, the bond market reaction to those jobs figures on Friday was fairly hawkish in terms of that the yields did increase around about five basis points in the 10 years to 242, still kind of below the highs that we did see post the Fed hike in mid-December. But again, you know, it's pointing to, you know, higher rates across the curve and probably some further steepening. But I think, you know, partway through the year, maybe the back end of this year, I think you won't see that inflation coming through and you'll see some market investors starting to reposition for maybe some inflation that actually hasn't come through against consensus. And it will be certainly be interesting to watch, to see how the bond market and also the broader markets respond when we do hear from President-elect Donald Trump on Wednesday also. Obviously, followed up by US Fed Chair Janet Yellen will be hearing from her overnight on Thursday. So, plenty of market movers still to come this week. Mark Bailey, thank you so much for your time. Thanks, Nass. So, I have a good one.