Inflation Fears Drive Stocks Lower

Inflation fears drive stocks lower: You do not have to be an economist to realize that consumer prices are rising. Just go to the gas station or the grocery store to find this out. Apparently, the stock market needed further confirmation and got it when the Labor Department reported that consumer prices in April rose 0.6% compared to 0.4% in March. Energy prices were the leading cause for the increase, with gasoline prices jumping 8.8%. Read More....