All right, Melissa, thanks very much and welcome everybody to overtime.

I'm Scott Wapney, you just heard the bells.

We're just getting started here from Post-9 at the New York Stock Exchange,

and let's get right to our talk of the tape. This surge in interest rates as yields around the world rise.

And as you know by now, stocks fall from the UK to the US uncertainty is mounting as investors grow more and more nervous about inflation and the ability to fight it,

the only thing hanging in the balance now, of course, is your money.

Markets finding some sort of stability in the days ahead.

Can they do that?

Let's ask Greg Branch Veritas founder group

founder managing partner as well he's here with us on set today it's good to see you

welcome to the stock exchange so we tried but we could really get that much going now

albeit we did close off the lows and you've been negative for those who

recognize you from our program right what do you think about where we are now? Are we

set up for a bounce? We oversold? Can we get something going at least from the

near term? I think that we haven't encountered all the negative catalysts that I foresaw at the

Summer Valley Scott. So on the one hand, while there's no argument at this point that

there's no Fed pivot forthcoming, right, which is one of the underlying reasons for the rally.

There's two negative catalysts out there that we haven't quite digested yet.

The first is that, you know, while we agree that the Fed hasn't pivoted I'm not sure that there's

agreement on what's going to happen in November and December and you know if you believe

them that we need a 4% 4.5% rate that implies another 75 basis points or 50

basis points in November and something similar in December. I don't think that

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