Jay Hancock's blog: The vigilante stock market is back - Business news: Stock markets, banks and economic observations with columnist Jay Hancock

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February 5, 2008

The vigilante stock market is back

The Federal Reserve hasn't lowered short-term interest rates in almost a week, and the stock market is way ticked. More Ovaltine, please! The Dow was down almost 200 in the first half-hour of trading. T. Berry Brazelton would tell you that this is the predictable result of the indulgence of juveniles. The vigilante stock market is back.

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About Jay Hancock

Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.

Follow @jayhancock1 on Twitter