China's economy is tanking, will it take the US's economy with it?

Chuck Zodda and Mike Armstrong discuss China's worsening economy is hurting Corporate America. China's deepening housing problems spook investors. The Fed is playing a waiting game to try to avoid a recession. Goldman Sachs pencils in first Fed rate cut for the second quarter of next year. The 'unluckiest generation' falters in boomer-dominated market for homes. After pulling inflation down, gasoline and food threaten to nudge it up.