Welcome to overtime.

I'm Scott Wapner here at Post Nine.

You just heard the bells.

We of course are just getting started on this big day.

Half times Josh Brown will be with me in just a few moments.

We do begin with our talk of the tape.

Obviously this brutal market and how much worse it's likely

to get if rates continue to rise and the Fed continues to talk as hawkish as it has.

There's a look right there just settling out just below a 1,000 point loss for the Dow. Let's talk to

Mad Money's Jim Kramer. He joins us now in overtime. Jim, your thoughts as we go

out pretty ugly. Let it go. You just got to let it go. When the Fed wants to get something done like it does right now

and drags it out instead of just telling Sarah listen, it's going to be 50, let's just do a hundred right now the set, you're going to have to deal with this torture.

It will set up for a good buying opportunity, but everything's got to come down, Scott,

because they basically mandated a decline by stringing things out and by making it very

unclear when they're going to stop.

And I think that Jay got this one wrong. The country, the industrialist, the

CEOs, they want him to go fast. They want him to go hard because they're sick of

paying up. And when you look at what went up today, you take a Kimberly

Clark, they're a Kimberly Clark,

they're not supposed to, we don't want them raised and stuff,

that's what we actually buy.

So he's got to move, he's got to slow the economy,

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