Investors are rapidly headed to a sort of purgatory. On the one hand, the U.S. economy is in the midst of a record-breaking expansion, making it difficult to abandon riskier financial assets such as equities. But on the other, the strong economy is keeping the Federal Reserve leading toward ever higher interest rates and tighter financial conditions, sparking concern about a monetary policy error that sparks a recession and leaving market participants wary of holding onto risk assets ahead of a downturn. As expected, the Fed left rates unchanged at the conclusion of Thursday's policy meeting. Central bankers made few ... (full story)