Mr Pledge of this here, please a very good morning to you.

I don't know whether you're taking a pension at the moment.

If you are, you're probably not very happy with the way that it's losing money.

But all the people that I talk to, including some pension advisors and some financial advisors,

say, look, if you can sit this one out, you'll be fine. You know, as ever, if you look at the

long term over the last five years, I put a tweet out yesterday, context is everything. If you look at

the last five years, you've got the footsie going like that. And then just because it gets to where we are now, it goes like that, a little dip,

which is nothing more than a little dip. And everybody who doesn't know anything about markets,

panics and starts talking about selling their stock. But actually, some people are saying to me,

actually, it's a good time to buy. It's good time to buy stock.

If you've got a pension fund, and I know many of you listening to this won't have one,

but if you have got one and you've got a pension advisor, they will tell you buy some stock.

Well, of course, my knowledge of economics can, of course, be written on the back of a postage stamp.

Well, you and Rachel Reeves?

In longhand, yes.

Yeah. written on the back of a postage stamp. Well, you and Rachel Reeves? In longhand. Yes.

Yeah.

So I'm probably the least qualified person on the planet to espouse anything about stock markets, tariffs and the such like.

But what I do believe in most firmly, and let's face it, Starmer is saying the same. I think now is not a time of panic. No, of course not. I think let things settle down. Yeah. When we have noises coming out

Europe like Ursula von der Leyen saying or suggesting, well let's just get rid of tariffs. Yeah.

Let's have tariff-free trades.

Trump's already won that battle then, isn't he?

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