Welcome to countdown, im caroline hyde. A happy friday if you are along the markets. The route continues, this selloff in the United States we sell stocks down or than 2 . The s p 500, more than half a trillion profits the worst in 18 months for the s p 500. The dow jones and nasdaq also falling. I want to check in on the world equity markets right now. I have on the terminal the allcountry world index, and over the last month, the slump extending. We are currently on track for the worst week in global stocks in nine months. We are up more than 3 on the week, more than 4 on the month. This is significant. We are seeing more than 2 trillion wiped off the equity market. Hong kong, taiwan, indonesia all on the cusp of bear markets. This is an excess of 20 of the low of the previous peak. Down more than 10 yesterday, not one single stock rose on the german scale. A phenomenal move, lets kick it out to asia. Juliet is standing by in hong kong. It is a volatile day out there. Juliet it certa