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Market Update

It’s Been Rough for Stocks, but the Outlook Is Still OK

The changing outlook for the Fed continues to spark volatility.

It’s been an especially rough start to the year for the stock market, but as painful as the hit has been to portfolios, that doesn’t mean the outlook is equally as dire.

It’s natural for investors to see a day like Monday’s sell-off--when broad market indexes were down more than 3% before bouncing--as a sign of worse to come. And financial markets often are forward-looking, with prices rising and falling based on expectations for what is to come.