Shares in Asia-Pacific are tumbling after the S&P 500 fell overnight and closed in bear market territory, which means that stocks on average fell at least 20% off their high. And yesterday, the index fell as much as 4%, bringing its losses since January to more than 21%. According to the Wall Street Journal, Fed policymakers are now contemplating a 75-basis-point rate increase later this week, bigger than the 50-basis-point hike that was expected.

Stephen Innes, who is SPI Asset Management Managing Partner in Bangkok joined us live.

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