BoomerVille: Cockroach Effect

 Futures are down. 

Call it the Cockroach Effect. Yeah, once you see one, there are bound to be more.

That's the image from JP Morgan's Jamie Dimon as he sized up the newly uncovered problems in lending by smaller banks. Is there further rot in the system. Please please please don't let this be another 2008.

What we boomers are concerned about if this is triggering a sustained downturn in equity markets. Overall, a lot of global economic indicators are not looking too good.

UPDATE:

Nice surprise.

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Thrown off your game, maybe the first time since you started working? You made all the right moves and then the world moved in another direction.

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