seth masters and stephen davidoff solomon.highlights. ♪ stephanie: you are watching bloomberg . let's take a look and some of our conversations today. >> when they devalue is when they stabilize. that will be the fact that they have taken control of the economy, there will not be instability being pushed out of china. they will make a one-time investment to stabilize things. >> that will scare a lot of people. onehis goes to stephanie and david was saying. you can put up whatever stupid acronym you want. the word is panic. people should be buying now. the rental business has been good and will continue to be good. part of that is because we are benefiting from the tween demographic bubble of the baby boomers and the millennials, all of whom seem to be interested in urbanizing, living in cities. >> this is fear. basically we have had a long bull market and the air is coming out of the bubble. about are worried politics, china, oil, but the economy is fundamentally sound. this is a crisis of confidence. >> cord cutting is re