Gearing up for Greenspan

The summer stock rally hit a roadblock last week as giddiness about earnings turned to wariness about interest rates and oil prices. Friday’s bigger than expected jump in July payrolls, paired with a rise in average hourly earnings, did nothing to dissuade the market from its bet that the Federal Reserve is set to keep raising interest rates, and maybe even at every meeting through the rest of the year.

http://tinyurl.com/8opoy