5000 10000 15000 20000 25000 fears of inflation and uncertainty regarding the sustain ability corporate profits led to a market sell off late in second quarter volatility rudely imposed itself on investors accustomed calm after end bear 2002 all morningstar equity indexes except large value index posted losses for us shed 1 8 over same period but still managed post gain about 3 year date smaller cap more oriented are outperforming fell harder macroeconomic questions gripped markets as new federal reserve chairman ben bernanke appears poised raise rates at least one time this writing precisely economy be slowing fear fed tightening too hard sending into recession they also return stagflation from 1970s when rising prices partly due higher energy costs slow down visited simultaneously there seemed no place hide with