2. Football - With football season kicking off, there are a lot of Fantasy Football lineups to be filled out.  Paying attention to the draft is much more important than a 0.25% rise in short term interest rates.

3. Off The Highs - The market has been range bound almost the entire year.  The S&P 500 recently had a couple of brief scares below 2100 but Janet (Yellen) is looking for 2150-2200 before a rate hike can even be put on the table (Update: $SPY just went below 200DMA).  The US equity market is currently in the 3rd longest bull market ever.  Janet will not settle for anything less than gold (which is now also worthless).

4. The Plague - With a couple of cases of people catching The Plague in California and Colorado, Janet doesn't want to further sicken the market by raising interest rates.  See last year's Ebola scare.

5. Commodities and Inflation - Prices of most commodities have been hammered the past few years (still waiting to see this tax cut passed on to the consumer).  This weakening of commodity pricing could be bad news if it is a sign that global demand is also weakening.  The Fed has also been keeping their eye on inflation (deflation), but we haven't hit the magic 2% inflation target since 2012.