Global rate hikes are coming! - Part 2

https://finance.yahoo.com/news/brazil-lifts-key-rate-2-214824039.html

Brazil has become the first country in the world to hike its rates by a big margin (75bp) and will continue to up its rate.  This is a very significant move in a pandemic time.  This just shows how dire the inflation situation can be in the future.

We've been warning about inflation since last year.

http://sg-stock.blogspot.com/2021/03/the-us-inflation-is-coming-part-11.html

I think the only country in denial is the US now because the US FED has promised to keep its rates till 2023.