Monday Inflation Jitters

Ben Bernanke spoke, and Wall Street didn't like what it heard. The inflation word surfaced again today, and investors ran for the doors. Large-caps dropped about 1 3/4%, while NASDAQ gave up over 2% on the day. I think this novice needs to learn to keep his mouth shut! Prices (namely in the real estate and fuel sectors) have definitely risen, but is this enough to slow down business? Interest rates are still at historically low levels, so if the Fed decides to announce another bump up, the effects should not be too dampening. C'mon, Ben. Easy with the inflation talk. We want the good times to keep on rolling. DJ 30 -199.15 -1.77% NASDAQ -49.79 -2.24% S&P 500 -22.93 -1.78%