Three Unpleasant Questions for the Market

The market finds itself caught between a world where fundamentals matter and one where central-bank policy rules, and itâ??s closer to the former than itâ??s been in years. The Fed wants to push the market out of its embrace, to â??normalizeâ? policy and have the markets out there running on their own. The market convulses at the idea. While all this goes on, there are three central questions that will be answered, and how they are answered will determine where the markets go from here.