Summary: Episode 294: Today in retaliation to new tariffs, the Chinese have devalued their currency. This is very similar to what we saw in August of 2015.<br> <br> Global markets have tumbled and the S&P500 has broken below its 100dma. For now I’m holding and don’t plan to buy this dip unless the S&P500 gets to or below its 200dma.<br> <br> --------------------------------------------------------------