keep our eye on tonight is how the trade goes in china. because that's what's really sparking this whole selloff. and if you see a selloff in china, you could very well see more selling here in the u.s. and around the world, jake. >> ronna, talk about that. china, is that what is spooking the markets and causing all cau this? >> yeah, absolutely. china is the world's second largest economy. and it's been in a meltdown for some time now. growth has been slowing for over a year. you have a recession in the manufacturing sector. and you have the currency plummeting. china is basically in the middle of a debt crisis that was very similar to what the u.s. went through in the run-up to the sub prime and financial crisis in 2008. it's interesting the markets are reacting similarly right now. >> and, alison, oil down to its lowest level in years, average gas prices they're about $2 a gallon. that's great for son sumers at the pump, but how is that playing into whatever's going on on the market? >> yeah, you see wlast been happening with oil, jake, over