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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 366.54

+1.2%

Nov 5 4:00 PM EST

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To: Haim R. Branisteanu who wrote (44432)	12/29/2008 11:18:42 AM
From: elmatador	of 217545

The General Market Price Index (IGP-M) is composed of the weighted average of the IPA (Wholesale Price Index - 60%), the IPC (Consumer Price Index - 30%), and the INCC (National Index of Civil Construction - 10%). The IPA and INCC surveys are nationwide, whereas the IPC survey is held only in the cities of Sao Paulo and Rio de Janeiro. The survey for the IGP-M started in June 1989. When "the IGP-M price index, fell 0.13 percent in December." More than the consensus mid you. "That was more than all but one estimate in a Bloomberg survey of 13 analysts, whose median forecast was for a 0.05 percent decline. It was the biggest monthly drop since a 0.32 percent decrease in August and compares with a 0.38 percent increase last month, the Rio de Janeiro-based Getulio Vargas Foundation said today." That points to a relaxartion on the interest rates. Add to that: Brazil's Silva: New Economic Measures by Jan. 20 By THE ASSOCIATED PRESS Published: December 29, 2008 Filed at 8:20 a.m. ET BRASILIA, Brazil (AP) -- Brazil's President Luiz Inacio Lula da Silva says new measures to help Brazil counter the effects of the global economic crisis will be announced by Jan. 20. Silva says the country is ''strong economically'' but will act immediately to keep the ''perverse effects'' of the crisis from affecting the nation. Silva did not give any details during his weekly radio address Monday, saying only that the government will start 2009 working hard to boost the economy. The Brazilian leader said the crisis should be seen as an opportunity to ''do the things we haven't done yet.'' Silva predicts growth at 4 percent next year, but the Central Bank projects 3.2 percent. The prediction for 2008 is 5.6 percent. nytimes.com Keep calling nationalism. Keep sticking to the fundamentals.

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