Looks like we are in for another bumpy day in the wide world of finance. The futures this morning tumbled.
Some economists say when China collapses, so does the world. Others say the fall is the fault of the Fed for keeping artificially low interest rates and printing so much Monopoly money.
I’m taking a more civilized approach and ignoring the problem, in for the long haul. However, I will tell you that I’ve been taking notes from the squirrels outside my yard who are gathering plenty of nuts for the winter.
You can never be too cautious.