The Year That Was – US Stocks – Rate Chatter, Commodity Slump Stall Bull Rampage

The Fed’s dilly-dalliance and commodity slump were the major themes in the markets for much of the year. That said, solid economic evidence that set tongues wagging about the beginning of interest rate normalization did have a salubrious impact on the markets, pushing the major averages to all time highs in the middle of the year.