Caution is Encouraged

Two Federal Reserve officials commented today about inflation, and how investors may be getting ahead of themselves. Last week, after positive comments were made in regard to the economy, investors were certain there would be no more rates increases. Moskow and Guyunn warned today that caution may still be necessary; this could have been an attemp to inject a degree of uncertainty back into an overly-confident market. These were the comments that sent blue chips squirming, and there was little movement at the end of trading today. And while we're thinking "caution," check out what some experts are saying about the future of hurricanes and the coastline. Its a little scary! DJIA: -5.21 Nasdaq: +2.27 S&P 500: +1.30