A gallon of regular is now going for $4. Filling up my car's 16 gallon tank will cost $64. And the Journal has this explanatory note for today's stock rally: Stocks surged, with the Dow industrials gaining more than 100 points, as a better-than-expected reading on consumer prices alleviated investors' inflation anxiety.
Huh? Isn't there a disconnect? I think so. I did put in four sell orders for my Fidelity funds this morning, so when they get executed tonight the funds should be up a nice bit; as an investor, that's good news. But a barrel of oil going for $124.18 -- down a buck sixty two at that -- and a gallon of refined gasoline going for four bucks doesn't alleviate anything for me.