Monthly Archives: March 2015

Um Outro Gol Contra (Another Own Goal)

You might think the Petrobras scandal is bad enough, but Brazil has another self inflicted and serious issue that is going to be a drag on growth for years to come. It is known that China held off the effects of the … Continue reading

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Time to Raise Rates?

James Bullard, President of the St. Louis Fed, thinks that the Fed should raise rates.  He cites the low jobless rate, inflation near target, ex-oil, and the need to move early, rather than be late.  I think he is alarmist, but … Continue reading

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