First, I'm traveling at the end of this week, so I probably won't have time to post on the markets.
However, consider the charts above. The top chart is CPI and the bottom chart is PPI. Both say the same thing: prices are under control right now.
Above we have a year over year percentage change in prices of China, Japan, UK and the US. Notice the we have the exact same situation -- prices are under control.
The above graph shows the two markets where we see real inflationary problems: India and Brazil.
