This stuff would be amusing, if it weren’t so consistently wrong.
Here is where we are: The economy has been expanding at about a 2.5 percent annual rate. This would be subpar in a normal rebound from a recession, but it's perfectly normal in a post-credit-crisis recovery. The unemployment rate has been cut in half and 11 million jobs have been created since the financial crisis ended. Wages, however, have barely risen, and the job market faces challenges ranging from automation to globalization.
One day, there will be another recession and the bull stock market will end. The Fed's decision to raise rates a quarter point in 2015 won't be the cause of either.
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