Welcome everybody to overtime. I'm Scott Woffney who just heard the bells. We're just

getting started from here at Post 9 at the New York Stock Exchange. In just a few

minutes you'll hear exclusively as Sarah said from Treasury Secretary

Janet Yellen on the state of the U.S. economy and markets

as recession fears escalate around the world.

We begin though with our talk of the tape which today might as well be the tale of

the tape given that late day move we saw on some pretty concerning headlines out of the tape. Given that late day move we saw on some pretty concerning

headlines out of the UK regarding the bond market mess there, it only

underscores the still growing risks in this market, the kind Jamie Diamond

cited in comments that are still reverberating around Wall Street.

Let's ask three headliners today about these markets.

Victoria Green, G-squared Capital, Trivariats Adam Parker, the chief market strategist

of Verdes, Joe Terranova, all all three are sitting with me which I am very appreciative of

Victoria begin with you as I said this just underscores these elevated risks and perhaps

the headline risk if nothing else that we are susceptible to in the days and weeks ahead

Sure you've got a big number tomorrow with CPI coming out where's that going to land for September you have what's going on in Europe. We've always

said this is going to be a bit of a recession situation. It seems like the UK

they were trying so hard to get quantitative tightening going and they can't they can't even

get that going and so you look at all of these risks out there

and we just don't think it's time to jump in yet we think there's a little bit

further to go in this bare market and we think you really still need to be playing

defense right now. AP I was going to ask you you, some are saying that we are set up for a good move

...