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Welcome back to the watch list. Some Caroline Woods. It's tax time to talk about cruise lines. And for that, we'll welcome in Paul Golding lifestyle and payment, analysts at Macquarie Group. Paul Good to have you here, So we're going to talk about cruises. But first, I just want to talk about the overall sector for just a second because I was taking a look at my watch list and seeing that travel stocks actually, for the most part, bucking the downward trend today, we see Cruise lines Airlines hired seeing Expedia booking .com higher, So it's seeing some strength in the market today. But just in terms of travel stocks overall, what should investors be? How should they be approaching this market or this space given all of the macro headwinds that it faces? Well, thanks for having me on Carolina. In terms of the pieces of the travel sector that we cover and in particular for this conversation for Cruz, while we've been hearing a lot about tumor and potential consumer weakness that the ke...