There was a big stock sell-off on Wall Street Monday triggered by a sell-off in China. So, is it time to hit the panic button? “It’s very difficult to predict in the short term what type of impact China will have,” according to Christopher Jones, Certified Financial Planner. “It’s an important economy, but like any short-term impact — it goes away. Long term is what we need to focus on. Short term volatility is common in every market.”