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Market Update

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.

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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.

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John Waggoner does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.