No June Bride

Disasters natural and man-made served up daily body blows to stocks worldwide in June, leading the Wall to gain a heap of worries.

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Disasters natural and man-made served up daily body blows to stocks worldwide in June, leading the Wall to gain a heap of worries. Among the most distressing: the acceleration in raw-materials inflation coupled with wage inflation imported from the Far East, the result of years of U.S. manufacturing outsourcing. The Wall adds five worries, leaving us just three away from a record high. Potential concerns include power outages, rebate check withdrawal and the rising possibility of another financial company collapse.

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