On the earnings front, Men's Wearhouse ( MW ) and H&R Block ( HRB ) saw selling following both companies' results. I was reading more anecdotes from Ben Bernanke's 60 Minutes appearance in which he discussed the Federal Reserve's ability to easily control inflation and change course quickly on its recent accommodative monetary policy. We have seen the Fed raise interest rates in the past to control the stock market's ramp, and when you turn back to the early 80′s we saw the process tame runaway commodity prices.