Half-Way Mark

It's Wednesday in a short week, so we're half-way through trading. Markets have more than made up for yesterday's slip, with the Dow gaining over 85 points and NASDAQ up almost 1%, gaining more than 19 points. A new report issued this morning shows pricing pressures are down, meaning big, bad inflation may be in check. This is good news for stocks, because it means the Federal Reserve will be slow to raise rates. If you're looking for higher bond yields, you may not get your wish as soon as you hoped, but, for stock investors, continued low rates means increased earnings. Sorry, but you can't have it both ways!