Choppier

(1) Rising risks of recession overseas. (2) US likely to come out of this mess in best shape. (3) Tsunami of pessimism. (4) Turmoil in European financial markets. (5) Barron’s plausible oil price scenario: More downside now ($20), then $55 later this year. (6) Though not drilling, US oil producers still pumped up. (7) A cautionary tale from natural gas. (8) China depleting currency reserves to defend yuan. (9) Could the strong dollar cause a US recession? (10) Yellen’s testimony likely to be: “We simply don’t know.”