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FYI: Investors don't seem too bothered by inflation, and could you blame them? In early 2016, extreme equity-market volatility was tied to concerns over lackluster global growth, not worries that the U.S. or any other major economies were overheating. Indeed, inflation, as measured by the Consumer Price Index, has been running persistently below the Federal Reserve's 2% target for more than four years, an outgrowth of slack demand for commodities, especially energy. The oil glut in the U.S. was recently so great that traders have resorted to storing oil in rail cars. Regards, Ted http://news.morningstar.com/articlenet/article.aspx?id=744996
