Rising Prices??

Bernanke testifed before Congress today and spooked Wall Street with his talk of possible inflationary pressures. Of course, investors seemed to miss his claim that the problems in the subprime lending market are nothing to worry about. He also spoke about continued economic growth in the last half of '07. Apparently, the good news got lost among the "i" word news. Oil tipped over $64 a barrel. All of this led to a decline in overall markets of about 3/4%. DJIA -96.93 NASDAQ -20.33 S&P 500 -11.38