In recent days, the whiff of inflation in global markets has become a full-blown stench of trouble to come. First came news that China’s factory-gate inflation hit a 26-year high in October. Even more troubling was confirmation that US consumer prices may be overheating, with the 6.2% YoY jump in October undermining hopes that price increases are transient. That fanned…
Have a confidential tip? Get in touch [email protected]