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Fall Forward

More change is around the corner.

By Donna Miskin | Updated on September 02, 2010

What a relief August is over–a jittery month since 2007, when extreme market volatility roused the usually sleepy dog days of summer to bark out a warning that the burgeoning subprime mortgage meltdown could be bad news. In 2008, plummeting U.S. home values, soaring oil prices and limp consumer spending propelled pins and needles of worry throughout the global economy, presaging a truly horrible September. Mixed signals–a flurry of merger activity and piles of corporate cash offset by high market volatility amid low volumes and investor trepidation–do little to dispel August anxiety over what will transpire in September when everyone gets back to business.

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