This is CBS I on the world with John Bachelor.

Here's John Bachelor.

Fair market, question mark, recession, question mark,

panic, exclamation point.

I welcome Brett Arrens of Market Watch.

He is, break the glass.

Brett and I will explain.

The headline is, jobs and manufacturing data bring signs of panic.

This is Barron's. Stocks might not be done falling. There's an emotional

heat goes the subhead behind this sell-off unlike anything seen in 2024.

Brett, it's wonderful to have you back, although you've cost everybody money.

Break the Glass refers to a plan drawn up by a Secretary of the Treasury once upon a time right before the Great Recession of 2008-2009.

It refers to that fire alarm that's on the walls of all public buildings.

Break the glass and pull the alarm. Break the glass is

when things are falling apart and you need a fire department. Well Brett is

break the glass. The good news is he's here to talk when nobody wants to talk. The bad news is I can't talk to him in a bull market. However,

Brett, a very good evening to you. First of all, as break the glass glass yourself you knew this was coming was

there any warning or is that the excitement of break the glass it is an ambush good

evening to you good evening it's great to be here what a shame, I feel like saying we must stop meeting like this. What a shame when we only have a talk whenever the market is falling out of bed.

And you reach out and say, the glass is is broken I'm breaking the glass so yes it's great to be here

You know it's interesting we actually at market watch I did an article about two months ago

Looking at all the economic indicators and pointing out that so many of them were now flashing Ambers.

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