Weekly Market Commentary 01/15/2016

With the financial markets in the grips of another tumultuous week, the question is whether shifting economic fundamentals are responsible for the chaos or whether the volatility is simply the product of heightened investor uncertainty related to external events, such as China’s woes. In recent weeks, the R- word has appeared more frequently in the business press, and recent surveys of professional economists show that more of them now see a higher probability of a recession than a short time ago.