Faced with the daily noise of markets’ ebbs and flows (and of late, that news has been coming in at a fast and furious clip), it’s easy to overlook the deeper trends.

Yes, a series of geopolitical crises and challenges remain and create current headwinds; yes, few feel overly confident about the tenuous state of the global economy; and yes, the recent market selloff has only fueled legitimate concerns about the future direction of interest rates and equities.