Submitted by madhedgefundtrader on 06/07/2011 - 10:41
Inflation expresses itself in many forms. The price of Brazilian bikini waxes in Rio is going through the roof. The big picture here is that inflation is worsening, not only in Brazil, but other emerging markets, like China, India, and Vietnam. An economic indicator in the hand is worth two in the bush? And I won’t even get into the implications of “Stealth” inflation.