Market Stresses in 2015 Can Have Good Outcome

For the past few months, financial markets have been positioning for a change in Federal Reserve policy to move from “very easy and accommodative” to “easy and accommodative.” The decision of the Fed, finally, to raise short-term lending rates by 25 basis points was met with relief that months of will-they won’t-they were finally over. At the same time, the energy and commodity complex has continued to melt down as prices plummet. The result has been both an unusual amount of turmoil in fixed income markets and a rising chorus of voices anxiously drawing parallels to 2008-2009.

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6 Reasons to Be Thankful About the Economy Today

It's admittedly trite to use the occasion of Thanksgiving to look on the bright side, but given how rarely we cast an optimistic outlook these days, it's as good a reason as any. With Chapter LXXII of the Middle East conflict playing out in Gaza and the daily soap opera of Washington politics oscillating between sex scandals and fiscal fearmongering, we are once again subsuming the bigger picture to the smaller one and privileging fear.

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Markets’ Mood Swings Show Volatility, Don’t Signal Financial Armageddon

Once more into the breach we go. After a strong week where markets regained some footing, Monday once again saw a sharp selloff of nearly 2 percent. These wildly volatile days have been the norm since mid-summer, and as any market maven will attest, such volatility usually means that there is more to come.

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