CHART OF THE DAY: Here Are The Inflation Rates For Every Major Economy In The World

Inflation was a big story in 2013 because it was so surprisingly low. Inflation could be the big story once again in 2014 as it could be the year when it comes back in a big way. For some context here's a chart of current inflation rates around the world from market guru Richard Bernstein. Bernstein believes that weak currencies and high inflation rates is bad news for the emerging markets. "When productivity fails to be a competitive advantage, then countries have to compete purely on price and...