what we saw was a drop on some comments from glenn stevens. he is talking about the possibility of another rate cut coming through. he is concerned about what is happening with the economy. he is concerned about what is happening in the sydney housing market. the currency industry dropped, but has bounced back since. the big story is definitely what has been happening with the msci. msci holding back from adding chinese mainland shares to the main benchmark indices that we have from msci. this would have been an absolutely huge deal if they had included. it is a really big deal to a certain extent that they haven't included as well. a strategist from lgt capital partners joins us. how long will it take for the chinese authorities to deal with the concerns that msci has? >> i honestly wouldn't know. i do have confidence in your reporting that it will happen probably before the full annual review sometime next year actually. guy: in terms of what this means to the rally, what do you think about that? the chinese stocks have been on a tear. if we