but as smart and successful as ray dallio is not everyone agrees with him.lish on china. karen, your thoughts on ray dallio's comments. >> i think china is a huge place. there's over 600 cities in china, 14 alone with more than 8 pll people. so tay that there is no opportunity in china i think is a broad statement. there definitely is opportunity in china. a lot of investors are predicating their decisions on fear or being spooked about what's going on in the market. but there's a lot of turnt in china and i think they're being premature on that. sure, there is a lack of transparency in china. we know that. we don't know that they're growing at 7%. they say they are. we know they're slowing down but that's not to say there's not some opportunity there. emerging markets are volatile. it is rough comparison of the s&p 500. we know that they're volatile. >> what we need to emphasize to our viewers, there are many chinas. there's the shanghai composite which i can't buy unless you are chinese. the shenzhen and the hong kong hang seng which is sort of the multi-n

the ray dallio letteio letter. >> i have a slightly different take on this. a little tired of everything from a global growth perspective being on china's back. what i would like to see is the european economy pick up. i know we're talking really small numbers if they got to 1% gdp growth across the zone we would be singing hallelujah. we'd like to see that get to 1% to 2%. we'd like to see the u.s. get to a 3% sustainable gdp growth number and we don't have to worry about china so much. that's where we're looking at evaluating say yesterday's initial jobless claims. is that strong enough in terms of the labor market that it can propel aggregate demand and get the u.s. growing strong enough that we don't have to talk about china any more. >> dana mentioned starbucks, popping after stronger-than-expected earnings. the company announcing a 50 million share buy-back after chipotle, mcdonald's and cheesecake factory topped estimates. the most exciting was the notion that the mobile oop could be rolled out to all stores and the leverage that starbucks could have w

. >>> although he softened his stance yesterday in comments to cnbc, bridgewater's ray dallio turningearish on china telling investors there are now no safe places to invest. we're talking to a senior analyst, ron insana to get his reaction and outlook on china. >>> plus a new survey on millennials in the workplace. that's straight ahead on "power lunch." o branches equals great rates. it's a fact. kind of like shopping hungry equals overshopping. can a business have a mind? a subconscious. a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spirit? can a business have a soul? can a business be...alive? push your enterprise and you can move the world. but to get from the old way to the new you'll need the right it infrastructure. from a partner who knows how to make your enterprise more agile, borderless and secure. hp helps business move on all the possibilities of today. and stay ready for everything that is still to come. (vo) me? i don't just wait for a moment. i watch for the perfect moment. the one nobody else sees. and when i find