So why does the prospect of a quarter-point interest rate increase from the Fed so unnerve financial markets?

So what’s making the U.S. and global markets so nervous? It’s very clear that markets are worried. The Dow Jones Industrial Average put in a 444-point swing yesterday, September 9, between the high for the trading day and the low. The Standard & Poor’s 500 has closed with a move of 1.3% or more on [...]