with me in the studio, adam posen. daniel, good to see you.hat do we make out of this latest bit out of china? along with ukraine, it's the asset sell-off that we've had. >> honestly, we've been worried about thinking about hand landings, soft landings in china for a couple of years. and it's difficult to get a real firm deal on what the outlook is. the data so far has been mixed, certainly from weak numbers. the export numbers were shocking for last month. but at the same time, there is some reasonably positive moves. as you look at pmis for the service sector, cha makes up half of the economy, we focus a lot of the economy. so retail sales really wasn't as bad as people thought. it definitely makes not a real indication. and i think until we do get a better idea if growth is slowing, how much it's slowing, we're going to see a lot of this volatility continue. >> yeah. how are you supposed to trade it, then? or not let it affect your investments? maybe that's a better way of asking is. >> well, yeah, we serm don't try to view it as a trading