I worry that there's this perfect storm coming for emerging markets.

But at this point, it's too soon to know whether China will wait or whether it will allow additional moves [in the yuan] -- and therefore, what the impact will be.

We can't read too much into any one month's deficit, and there were a bunch of unusual factors this time. But this shows that the deficit is increasing instead of decreasing. It raises concern that we need to start seeing adjustment in the global trade imbalances soon.

Companies are seeing some of their fastest growth in China, and it's profitable growth.

Turn resolutely to work, to recreation, or in any case to physical exercise till you are so tired you can't help going to sleep, and when you wake up you won't want to worry.

It just goes back to let everybody else worry about the Rocket. Let him take the show, and hopefully I can creep in from behind and take their feet out from under them. Them, not Roger.