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Investor Fears Persist with Fed’s Rate Hike Nearly Here

December 15, 2015, 1:00 PM UTC
Board Of Governors Of The Federal Reserve Hold Open Meeting
Janet Yellen, chair of the U.S. Federal Reserve, attends an open meeting of the Board of Governors of the Federal Reserve with Stanley Fischer, vice chairman of the U.S. Federal Reserve, right, in Washington, D.C., U.S., on Friday, Oct. 30, 2015. According to a Federal Reserve rule that's set to be approved today, the largest U.S. banks would face a $120 billion total shortfall of long-term debt under a Fed proposal aimed at ensuring their failure wouldn't hurt the broader financial system. Photographer: Andrew Harrer/Bloomberg via Getty Images
Photograph by Andrew Harrer — Bloomberg via Getty Images

The Federal Reserve will finally start raising interest rates tomorrow, for the first time in nine years. This will be the most highly anticipated rate rise in the history of central banking, yet that doesn’t seem to be stopping investors from getting exceedingly nervous about it. The Angst is also being fed by a three-day rout in junk bonds, which in more normal times might be taken as a sign of serious economic troubles. This time, we aren’t sure what to make of it. So we will move on.

Fortune this morning releases its “blue ribbon” company list – 25 companies that made four or more Fortune lists in 2015. Top of the pile: Alphabet (GOOG), aka Google, which earned spots on our Businessperson of the Year list, the Change the World list, and the Best Companies to Work For list, as well as the Fortune 500, the Global 500, and World’s Most Admired Companies.

Three other companies earned spots on five of our lists, Nike (NKE), Facebook (FB) and Cisco (CSCO).

You can see all 25 Blue Ribbon companies here.

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