http://biz.yahoo.com/ap/050518/wall_street.html?.v=19 How can inflation be benign when education, housing, gas(even after the recent downturn in oils) are at all time high? I know they are measuring "core" CPI and energy and housing aren't consider core? Who thought of that smart idea?? Also, from the article about I quote "The nice thing about the inflation data is that it shows that higher prices aren't getting passed on to the consumer," Koesterich said. Wouldn't the ABSENCE of pricing power for companies a BAD thing for stocks? Just for simple economic reasoning. This goes to show that investors are an irrational bunch.