The Biggest Financial Stories of 2015
Tumbling oil prices, a tightening labor market, and an impending interest-rate hike stand out as the year's biggest developments, writes longtime market observer John Waggoner.
If you were to check the financial markets right now, you'd think that nothing happened in 2015. As of this writing, the yield on the bellwether 10-year Treasury bond sits almost exactly where it started the year. The S&P 500 is about 1% above where it was on New Year's Eve 2014.
Yet, the year was a simmering cauldron of new and significant developments--some good, some bad. More than likely, the year will end better for the economy and investors than it began.
John Waggoner does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.