this is the first time china has had to stop trading. what is going on there? >> chinese stocks slammed overnight. their first trading day of the year slammed because of a factory output number. a manufacturing number in china weaker than people thought, showing for ten months in a row, factory activity in china has been shrinking that. spread around the world quickly. shanghai, the stocks were halted at 7% down. tokyo fell. then they spread to europe, frankfurt down 4%. paris down and london, as well. selling, dumping of stocks around the globe. buying safe havens, like gold and bonds. there is a second factor here. china is the big driver, just like last year. china was a driver all year. china, the driver to start this new year. there is a second factor. saudi arabia and iran, deepening, dangerous tensions between the two countries. boiling into this sort of global unrest, global tensions, and that's keeping stock market investors having them heading for the exits here. >> it's interesting because when you see it happening in china,