Gold Turned Upside Down

By |2015-02-06T16:53:16-05:00February 6th, 2015|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

After having been subjected to the serious temper of the “dollar” for much of the past few years, with requisite calm periods interspersed, the Brazilian economy is finally reaching the epic inevitability of it all. “Inflation” in January broke out of the “band” set by Banco do Brasil’s policy target to the highest level, in the IPCA series, since 2011 [...]