Article: Get smart about inflation. (interest rates and the economy)

For a moment this spring, madness was rampant. Whitewater crowded health care and education off the front pages; Barry Goldwater told the Republicans to get off Clinton's back; John Bobbitt announced he's marrying again. Most important, the Federal Reserve and Wall Street went bananas as rising interest rates sent the stock and bond markets on a roller coaster ride."Dow Falls 72 Points Amid Market Fears" screamed a March 30 headline in the Los Angeles Times. The subhead? "Seventh drop in eight days puts average 300 below where it stood two weeks ago. Investors are worried by interest rates and political turmoil."

This market madness is especially perplexing given ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!