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BLOOMBERG Countdown October 8, 2014

Welcome to countdown. There was a selloff. On both sides of the atlantic yesterday triggered by the i. M. F. Warning that the Global Growth would be less than originally forecasted. It was lower on the day and stocks fell by over 1 . What you see are the futures indicating a slightly different turnaround. Was at a low. We havent had a 10 correction in three years. Warren buffett that the markets are in a zone of reasonableness and what you are seeing this futures. U. S. Equity london has to play up a catchup game. Have a look at this. This is when you begin to understand about volatility. People are nervous. It jumped yesterday and no where near what it was in 2008. This is a shakedown in our market. One of our guests later will speak to that. 2008, a little bit of a shake here. 2008, 1987 and 1929. Where does money go in terms of distress . Treasury. Treasury yields hit the lowest level of 2014. The market reached panic levels of speculation that the Federal Reserve meeting would bols

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