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As in four recent periods when share prices rose even as inflation increased, the pick-up in prices should be welcomed as a sign that an economy that was showing worrying signs of weakness is recovering, and not of the central bank losing its grip.
ECONOMIST: Inflation in America
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Vehicles sales for Ford Motors rose 13% helped by strong performances by F-series pick up trucks and Escape SUV, which were up 19% and 37% respectively.
FORBES: Ford Deserves A $12 Stock Price On Strong U.S. Sales
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Rose managed only two rounds of 74, which leaves him requiring a pick in all probability, while Donald - who is in position to qualify as things stand - is struggling to make the cut too at three over with nine to play.
BBC: Colin Montgomerie slumps to 83 at USPGA
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"October's final PMI rose to an eight-month high, implying that China's industrial activity continues to bottom out following a modest pick-up last month, " Qu Hongbin, chief China economist at HSBC, said in a statement.
BBC: China manufacturing activity at three-month high