If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
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One Less Hurdle for Fed Hike: China Comes Back From Danger Zone
China may be slipping down Janet Yellen’s worry list. When the Federal Reserve in September held off from its first interest-rate increase since 2006, the U.S. central-bank head cited growing concerns about China’s market turmoil among the reasons. "A lot of our focus has been on risks around China," she said in a press conference after the decision. At the time, China’s leaders were struggling to contain the fallout from a $5 trillion stock market rout and an abrupt decision to devalue the yuan that sparked a flood of capital to leave the country. The turmoil rattled global investors and emerging markets ... (full story)