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charles the great. and i thought that was cool. >> stephen: first of all, am i rocking the hat. >> you're rocking the hat brother was a teacher at my middle school. >> stephen: wait! did my brother jay teach you? >> yeah. >> stephen: did you sell my brother jay crack? >> no, i never sold him crack. he was a seventh grade social studies teacher. >> stephen: mr. coal-bert. >> mr. coal-bert. why did you get fancy and start calling yourself coal-bear on tv. >> stephen: excuse me, excuse me. ( applause ) excuse me, charlamagne. ( laughter ) why did i get french? why did i get french, charlamagne? >> i said fancy. >> stephen: you're fancy, you're french. and colbert is french. i at least didn't call myself "colbert tha god." by the way, which tha god, and which god? >> i used to study of five teachings of islam. and genesis chapter 126 said god created man in his image according to his likeness. it gives me something to strive for. >> stephen: that's dog backwards. that's very nice. puts you on top. >> exactly. >> stephen: there's a lot of responsibility being god. >> a lot of pressure, a lot of responsibility

charles schwab's chief investment officer at liz ann sonders. vonnie: concerns over china's recent slowdown could be overblown. this is according to morgan stanley ceo james gorman. in an exclusive interview with stephenhe expressed confidence in the world's second-largest economy. have a listen to what he had to say. james: it's the second largest economy in the world, it's growing last year and six when i percent. whether that's exactly right or not, it certainly growing at a thandemonstrably faster the rest of the world trade the third's largest economy in the world with japan has negative growth. forced largest is germany with 1% in the largest is u.s. with about 2%. i will take six plus percent any day. percentagewise, yes, it's slowing. china accounts for nearly 35% of growth. >> how about the unvarnished view on china? saying the debt problem at the banks is far worse than anyone is reporting. upwards of 22% of outstanding credit she says the chinese banking system will go in pl -- npl by the end of the year. needing big bailouts. npl is going to rise. the chinese economy is a complex , enormously complicated set of things going on, moving from an export led economy to a domestic demand economy