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Core U.S. inflation rate accelerates to normal

Two ways to look at this morning’s U.S. inflation data. First, the Consumer Price Index (CPI) came in above expectations with a 0.4% increase in January. Economists had expected a 0.3% increase, according to Briefing.com. That puts the headline inflation rate at an...

China and U.S. inflation numbers arrive this week

After lots of news about inflation in India, Brazil, Indonesia, and the European Union, this week we’ll get new inflation numbers from the United States and China. China is scheduled to release inflation numbers for January on Tuesday, February 15. After running at a...

Update HDFC Bank (HDB)

Another day, another interest rate increase from an emerging economy central bank. On January 25, it was the turn of the Reserve Bank of India. The bank raised its benchmark repurchase rate to 6.5% from 6.25%. The Reserve Bank of India raised interest rates six times...

Sell Branco Bradesco (BBD)

This is a very tough call. If I owned more than one Brazilian bank stock, I might not sell Banco Bradesco (BBD) out of Jubak’s Picks today—but I don’t. If I had less exposure to Brazilian stocks in my Jubak’s Picks portfolio, I might not sell Banco Bradesco—but I own...

10 reasons to love inflation

Friends, readers, and consumers, save me your jeers. I come to praise inflation, not to bury it. Hey, I think inflation is getting a bum rap. In the U.S. anyway. Sure, run-away inflation in China and Brazil and India looks like it’s going to cause a lot of pain to...

Higher interest rates, lower bond prices–it's a new world

It’s a bond rout. On December 8, prices for U.S. Treasuries plunged and yields on the benchmark 10-year U.S. Treasury hit a six-month high of 3.33%. That’s a full percentage point higher than the October low. And it’s a shocking 0.76 percentage points above the yield...