bloombergbring in our economic expert tom mckie. mike, let's start with you.m reading these reactions. they are saying, hang on, we can weather this china storm. can we? mike: we have the biggest economy in the world, china is second. we do not get much of our gdp in trade. it will not bring down the economy. as markets do, they overreact. the chinese stock market -- nothing at all like the u.s. stock market. thehow do people see strength of the u.s. economy, we will turn our attention to earnings. oliver, anyone having seller's remorse here in the market? oliver: hard to say. these are pretty bearish. what happens when you come into a decline likely had, short interest rises, and people started taking out bearish wages. shorte had a lot of interest in companies across the s&p 500 since august the didn't recover full he. -- didn't recover fully. you had a lot of people come in after a volatile year and wanting clear indication, not just from what is going on overseas, but on the u.s. economy. there are some fundamental issues with companies. betty: we have two