Stocks: Always something

See, this is why Wall Street is so impossible. Here you have the best piece of economic news in well over a year and the Dow, after being up by about 150 points, finishes barely on the plus side. The reason has to do with interest rates. If the economy is really back on its feet, it means that the Fed has to start worrying about inflation and that could lead to higher rates. Eventually. The WSJ calls it "a breakdown in key relationships across financial markets." Right at the close, the Dow was up about 22 points.


More by Mark Lacter:
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Another rugged quarter for Tribune Co. papers
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Those awful infographics that promise to explain and only distort
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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