Shares in China fell for a third straight day as a second round of major sell-offs continue to engulf Chinese equity markets. The Shanghai Composite index closed down 1.7 percent after recovering from a 4 percent loss in early trading. As for the Shenzhen composite, that closed down 2.2 percent after falling more than six percent earlier on Tuesday. But China is no stranger to this kind of volatility. Ameera David weighs in. Then, Edward Harrison sits down with Axel Merk – president and CIO of Merk Investments. Axel tells us if he’s concerned about narrow market leadership in US markets and gives us his take on if Fed rate hikes could have any impact on market psychology. Merk has incisive commentary on China and precious metals as well. After the break, Bianca Facchinei takes a look at a price caps on egg donations. Two women in California filed a federal lawsuit challenging the fixed price that fertility clinics set, claiming they’re blocking women from a free market to sell their eggs while reaping anticompetitive profits. Afterwards, Edward is joined by David Beckworth – assistant professor of economics at Western Kentucky University and adjunct scholar at The Cato Institute. David talks to us about a recent article he wrote, in which he argued the Fed kept interest rates too high after the Great Recession. And in The Big Deal, Ameera and Edward talk about the US economy. With house price gains levelling off and consumer confidence suddenly weak, is the Fed likely to hike rates? Economists are less sure. Take a look! Check us out on Facebook -- and feel free to ask us questions: http://www.facebook.com/BoomBustRT https://www.facebook.com/harrison.writedowns ... https://www.youtube.com/watch?v=n5se1ZunmQg