Both foreign and domestic risks are leading to heightened volatility, but there are ways to profit in the current environment.
Spreads on junk bonds don't lie. Right now they're showing that investor sentiment about the stock market -- and the economy -- is improving dramatically.
Don't freak out yet. The U.S. economy isn't on the verge of a recession, according to both researchers and indicators from the bond market to employment data.
Even if stocks stage a year-end 'Santa Claus' rally, there are plenty of signs the market is heading into the new year facing volatility and potential declines.