http://finance.yahoo.com/news/yellen-index-says-fed-could-192449270.html
“It's pretty clear today that we hit virtually every metric,” said Rick Rieder, BlackRock CIO of Fundamental Fixed Income. “We're at a place today where the Fed would move. Quite literally, we believe they could move today based on what the data shows.”
Rieder said the momentum of the index is also flashing a green light on the employment outlook.
Read More Fed debate shifts from liftoff to long march toward normal
“This is a Fed that's been pretty clear about as long as inflation stays moderate, and as long as inflation stays below their goal, that they'll be patient in terms of when they can move or when they have to move,” Rieder said. He said there is a chance the Fed could move up its first rate hike to the March-April period if the data continue to improve.
“The odds are, given inflation being low and especially with what's happening with energy, that they wait until June,” he said.
--the hope being it will all be old news well before the Nov. '16 elections. Or maybe I'm getting a bit cynical in my old age...