Will April bring higher interest rates in Brazil?
Brazil is about to join China and India in fighting inflation. On March 17 the Brazilian central bank, Banco Central do Brazil, surprised pretty much every economist in the country by holding its benchmark interest rate steady. But that’s just raised their...Inflation is breaking loose in China and India
The inflation news from the United States was absolutely benign yesterday, March 18. Can’t say the same for a big piece of the developing world. Inflation is on the loose from China to India. The only question is Will somebody important to the global economy wreck...Fight inflation now but no currency appreciation, says China's Wen
So much for that then. In remarks that put a period to the annual meeting of China’s National People’s Congress Premier Wen Jiabao said that China’s currency is not undervalued. “We oppose all countries engaging in mutual finger pointing or taking strong measures to...Bad news overnight on Chinese inflation: Is it out of control?
Bad news on inflation from China last night could give global stock markets the jitters today, March 11. Higher than expected consumer price inflation in February at an annual rate of 2.7% is likely to revive fears that Beijing will try to slow the speed of economic...China's imports soar; good news for the U.S. economy
It quite likely puts off any move to allow its currency to appreciate against the U.S. dollar, but news that China’s imports were up 45% in February 2010 from February 2009 is great news for the still struggling economies of the developed world. Growth in China’s...Update Goldcorp (GG)
What you want in a gold stock is a company with rising reserves and falling costs. Goldcorp’s (GG) end of 2009 report on reserves shows that it’s still delivering rising reserves. We’ll see how the company is doing on costs when it reports after the market closes on...Mr. Bond turns bearish on bonds
Mr. Bond, Pimco’s Bill Gross, doesn’t like bonds so much anymore. Gross, who manages the $200 billion Total Return Fund at Pacific Investment Management (Pimco) told CNBC on December 7 that Treasuries are over-valued given the odds that inflation and interest rates...Right now a little inflation is good news
Inflation? Ever heard of it? It’s back. Or at least investors can smell the faint whiff of it amidst the seasonal tang of freshly cut Christmas trees. And that’s actually a good thing. On December 15 the Bureau of Labor Statistics announced that the Producer Price...Peak gold? One more reason that high gold prices are here to stay
Peak gold? You may have heard of peak oil, the theory that at some point—ranging from 2005 to 2025–the world will have found all the easy oil there is to find and that after that new finds won’t be able to keep up with the global rate of consumption. But peak...Inflation or deflation danger ahead? The markets say, Yes, but not which
Call it the great inflation vs. deflation battle. On the one side, the U.S. TIPS market. In the last few months demand for Treasury Inflation-Protected Securities from investors worried about a resurgence of inflation has reduced supplies of the bonds at Wall Street...China pumps up the bubble-making machinery again
So much for restraint. Back in August it looked like the Chinese government, concerned about rising prices for stocks and real estate, had decided to slow down bank lending. Forget it. In September it was back to the races. New bank lending climbed to $76 billion in...Update Kinross Gold (KGC)
A good second quarter from Kinross Gold (KGC)–considering the uncertainties of the mining business where anything from an ore body running a lower grade than expected to floods to civil war can disrupt production. Earnings of 12 cents a share for the second...Wednesday is Fed day: Here's what Wall Street is hoping to hear
At a little after 2 p.m. on Wednesday August 12 the Federal Reserve will be either naughty or nice. From Wall Street’s perspective, anyway. Naughty, according to Wall Street, would be a press release that confirms the Fed’s view that the economy is in a...Inflation is coming no doubt but later than you'd think
To make money off inflation you need to get both the direction and the timing right. Get the direction wrong—buy gold, on a bet that inflation is climbing when inflation is actually falling, for example—and you lose money. Get the timing wrong—buy gold, again on a bet...Jim’s Daily Email Alerts:
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