(Removes extraneous "as" in headline, no other change to text) By Chibuike Oguh and Sara Rossi NEW YORK/LONDON (Reuters) - An index of world equity markets edged higher in choppy trading after hitting a record high on Tuesday ahead of the widely expected start of the Federal Reserve's interest rate cutting cycle, while U.S. Treasury yields and the dollar fell. MSCI's all-country index was a shade higher by 0.04% after rising as far as 978.74, a record high. Wall Street stocks erased earlier session gain ...

Let's h bring in Adam Parker now and uh talk to him of course founder of Triariat Research. Adam, great to have you here. Yeah, good to see everyone.Um I want Why don't we start on that dollar point 10% down year to date. Quite orderly. Uh there's some benefits of that there's some costs of it, right.If it's another 10% in the second half of the year, does that scream something's wrong. Is something already suggesting that something's wrong or not. You know, it's funny.I listened to your macro conversation ...