news or bad news for that matter for stocks? here to answer that is karen cavanaugh. she's a strategist for a $200 billion investment platform. she's with voya investment management. karen, welcome, nice to have you here. >> it's nice to be here. thank you. >> so what is front and center for you? we've kind of laid out what the market is facing this week from the fed to china to earnings. but what would be front and center in your book? >> the primary thing that investors should be focused on is earnings. because think about it. everything kind of trickles through that earnings number. there's a global slowdown, oil prices collapsing, it all shows up eventually in earnings. and that's what's happening. >> are earnings as bad as we seem to think they are? there was quite a story in the "wall street journal" this morning. or are they better than we think they are because so much of the pain is in just a couple of sectors, namely energy and materials and industrials? not to minimize it. >> it's working its way through other sectors. but u.s. corporations, they're more resilient