Don’t be fooled by low headline inflation in the US. Markets will adjust to another figure on Wednesday.

All traders, investors, and economists are relying on Wednesday’s CPI report to show a drop in the headline annual inflation rate in the US for the month of July. But another number buried in the CPI data has a tendency to shake up the markets. It’s called the annual core CPI reading, and it’s a … Read more

Google Equiano: Internet giant bets on Africa with its latest mega project

CNN – On July 1, a cable emerged from the Atlantic Ocean in Swakopmund, a small port city in western Namibia. Swakopmund is mostly known as the seaside resort, and is used by visitors. But the gigantic ship at sea, a series of buoys, and a fleet of small ships manned by workers in hard … Read more

A bustling job market is putting “booming inflation” back on the map for investors

Instead, the concern has shifted to what a crowded job market and higher costs of everything mean for stocks and bond portfolios, especially if they turn into a combination of higher growth and inflation with staying power. What do we call such a scenario? “Boomflation,” said Kent Engelk, chief economist at Capitol Securities Management, pointing … Read more