Weekly Update | December 5, 2011 Colombia’s central bank on Nov. 25 mildly surprised observers by hiking its benchmark interest rate a quarter point to 4.75%. The central bank’s rate increase followed a burst of optimism over the U.S.-Colombian free-trade agreement signed by President Obama on Oct. 21. It was also a response to a quickening of Colombia’s inflation rate to an annual pace of 4.02% in October, slightly north of the central bank’s target range of 2% to 4%. A rate hike to help dampen a potentially overheated economy was viewed by many as appropriate, as some forecasters were estimating GDP growth of as much as a brisk 6% for Colombia in 2011. However, speculation now exists that Colombia will be switching gears to a posture of lower rates in order to battle reverberations from Europe’s troubles. Brazil, Chile and Mexico have already begun programs of frequent rate cuts. Read more in the attached weekly update and ... the best performing stocks this week included: CX,GOL,TS,ICA,ITUB Happy trading this week! Rudy If you can not see the file download button and link below for this posting it is because you are not logged in. Login or subscribe to see and download the latest trade ideas. It takes only 2 minutes to subscribe.