FYI: the Federal Reserve raises interest rates on Thursday, it will be doing so in an economy that is radically different from the past. The lack of comparable economic terrain is one of the complications that Chair Janet Yellen faces as her committee contemplates an exit from almost seven years of near-zero interest rates.
Check out the accompanying graphic to see how the landscape has changed, with a focus on key indicators that the Fed uses to gauge the economy's momentum
Regards,
Ted
http://www.ritholtz.com/blog/2015/12/hiking-without-a-map/print/
