Daily Archives: May 5, 2025

25Mar10:45 amEST

Beach Hopping in Brazil

Quietly, commodity-rich Brazil has been acting much better of late. And, quietly, their Central Bank has taken actions to battle inflation, unlike our own Fed which thinks it can use mere words to fight off the nasty scourge of inflation. As I write this, Brazil's key interest rate is in the double digits. Now compare that to Jay Powell's...

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