Keep your eye on the stock market today… in case you missed this morning’s news, the Fed cut its prime rate 3/4 of a point in fear of a recession. That’s a HUGE move – normally they move it up or down 1/4 of a point at a time. Stock markets around the world went down the crapper overnight. The U.S. markets have only been open a few minutes as I type this, and already the Nasdaq has lost 117 points, or 5% of its value. (Edit a few minutes later: It’s rebounded to only -2% now, so maybe there was an overreaction at the start of trading.) You can track the market averages on The Motley Fool’s homepage.