Colombia’s peso is in trouble, again. Against the U.S. dollar, the peso has shed 20% of its value in a little more than a year and 7% in the last month. Like most Latin American currencies, the Colombian peso bobs up and down like a yo-yo, and its long-term trend is one of weakness.

Zimbabwe’s  Finance Minister Mthuli Ncube announced last week that Zimbabwe will suspend the release of government annual inflation statistics until February 2020. So, at present, I am the ONLY reliable source for accurate, current inflation measurements for Zimbabwe.

How many of you noticed the most life-changing story of the week? Yesterday, President Trump made a stunning speech announcing regulatory changes that will save thousands of American lives each year.

As the President noted, roughly 100,000 Americans with kidney disease are awaiting a transplant from a donor. About 20,000 Americans are awaiting transplants of other organs.

Art Laffer, the supply-side guru and recent recipient of the Presidential Medal of Freedom has caused yet another stir among the chattering classes. Last week, he told John Catsimatidis on AM 970 New York that “The Fed shouldn’t be independent of the administration. Never should be. None of those people were elected. They were appointed.” He repeated those sentiments on CNBC’s “Squawk Box” this morning.

This week, turmoil gripped a usually dynamic, but well-ordered and calm, Hong Kong. Police stood by as young protestors stormed and sacked Hong Kong’s parliament building. Contrary to dire predictions by currency speculators, one thing that remained rock solid was the Hong Kong dollar (HKD).