Volatility Is Volatile, so Expect the Unexpected Fix in Risk Assets
If the Federal Reserve wants to take the temperature of the economy, listening to the capital markets would perhaps be a place to start.
Tad Rivelle
December 17, 2025
The Board of Governors of the Federal Reserve System seal hangs on a desk where Federal Reserve Chair Janet Yellen will speak in Washington, D.C., U.S., on Wednesday, June 17, 2015. The dollar rose before Yellen and policy makers conclude a meeting that will offer investors more clues on the timing of interest-rate increases. Photographer: Andrew Harrer/Bloomberg
Andrew Harrer/Bloomberg
