Don’t Panic Over Market Plunge — Fed May Cut Rates Sooner

Markets cratered around the world Monday. Japan’s Nikkei fell more than ever — down 12.4% while “benchmark indexes in South Korea and Taiwan were both down more than 8%,” noted the Wall Street Journal. The S&P 500 opened down “about 4% Monday, with the Nasdaq falling a larger 6%,” the Journal reported.

Unless you are feeling adventurous — in which case now could be a good time to buy companies on your shopping list at a lower price — just hold on.