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Several factors. fears after global slow down and we will talk about oil prices in a minute. let's talk about the source of uneasiness and that's china's economy. how much is due to china's devaluation of its currency last week? also, is there concern that conditions are worse in china than being reported? >> yes. i think that's right. we saw a key gauge of manufacturing this morning. slip it a six-year low and that combined with the devaluation that we saw last week suggests that china's growth is slowing, certainly below the official target of 7%. and certainly below where the last gdp data ...

The 10% cut and despite the fix on the faa, it's still in place for much of the economy. is it freezing things up? >> well one of the very interesting things that's happened in recent weeks is that having the sequester has almost begun to seem like the new normal and there's been almost a sort of grudging political acceptance. acceptance amongst voters. in terms of the tangible impact on the economy, it's always been clear that it was going to be a cumulative thing. we didn't just suddenly see a shock on the fst march. what we do know is that the economy is not performing as people had hoped. ...

taxpayers have been unfairly labeled as lazy. >> and the criminaled cruise line is pushed -- finally pulled into port. we're live in the seychelles for that. first up, let's get straight to the european stock market action. these markets have been open for the best part of just over an hour. this is how the indices are performing. a little die cot many between the two eurozone markets. the cac is trading down about .25%. ftse 100 up. what has got their attention. ben bernanke's comments are weighing heavily on sentiment not just across europe but also across the world markets as well...

brooke sits down with artists as they travel through atlanta. if you want to see some of had her other "music monday" interviews, check out cnn.com/broome. top of the hour. i'm martin savidge, in for brooke baldwin. herman cain is on damage control. many employees forced to pay more because of weight or lifestyle. and millions right now without power. it is time to play reporter roulette. joe johns in washington, the political world is abuzz involving herman cain. what's the latest? >> the latest is that herman cain says this is a witch hunt. this all started with a report in p...

Despite improveing data, there are concerns we are just bumbling along, latest g.d.p. data show as softening of the economy, are you worried at best, and in no pun intended, we "tread water." >>guest: that is what we are doing. the economy is in neutral. and this is a real danger that any kind of disruption could toss us into a recession. this storm was not big enough to qualify. but i was very disturbed to read this morning that the president not named a very competent princeton economist but very much in the school of thought that has continued the policies of the last two years indicating t...