we want to get the few on the fed -- the view on the fed from mark dowding. g about the conversation around a pivot perhaps being the wrong play. walk us through your thinking of what the fed will do tomorrow. mark: i think it is so messed up and volatile that you're speaking to me from a train station here in london. that is how stressful things have been. we think the fed is going to go 25 tomorrow. if the equity market is down hard, if financial concerns are still building, i think we have an issue. but i am delighted to see the intervention by the european authorities yesterday. it seems to have really put a lid on some of the financial worries we were having in europe on the back of the swiss failure we saw over the weekend. we sought become the new basket case as far as we are concerned. very happy european authorities have calmed things down. i think that gives the fed a runway for 25 tomorrow. kriti: this is all coming on the back of the terminal paired we are seeing on both sides of the atlantic basis -- the crisis. we have seen not necessarily in the