The markets had another week of doom and gloom with signs of recession from all over the world. Will Bernanke act? Ben Bernanke’ speech in Jackson Hole, US housing data and US GDP are the highlights of this week. Here is an outlook on the major market-movers ahead. Last week US inflation is still very present. CPI increased by 0.5% in July, well above expectations of 0.2% gain with core inflation rising by 0.2% in line with predictions indicating healthy market activity with signs of inflation slimming chances for a QE3 announcement in Jackson Hole. Will we see a stop to the slowdown in the US economy? Let’s Start ... (full story)