Category: Latin America

Mexico-US Wall Stops Dwindling Surge

Mexico-US Wall Stops Dwindling Surge

Should Washington spend $22 billion to fortify the border with Mexico? If the undertaking is defined as a public-works project, the outlay may have merit. But if the goal is to stop Mexican immigrants, the effort may be pointless. The case for the wall is built on a low-skilled labor surge that happened in the 1980s and 1990s  More ►

Meet the Boss of Rio Parana

Meet the Boss of Rio Parana

Omar Suarez is Argentine. They call him “El Caballo” or hard-charging horse. Nothing used to move on his sector of the Parana River without some form of patronage making its way into his pocket. The influence that Suarez projected waned abruptly when he was imprisoned last year. The case is indicative of the grinding  More ►

Brazil Wins Emerging-Market Gold

Brazil Wins Emerging-Market Gold

Who knew? In 2016, Brazil weathered a severe economic downturn and a presidential impeachment to score as the top-performing emerging equity market worldwide. The broad stock index returned 61.3% in US dollar terms, excluding dividends, based on data from MSCI. Outsized strength in Sao Paulo-traded equities may in part be  More ►

Global Investors Score With Peru

Global Investors Score With Peru

The Lima Stock Exchange is set to be the world’s top performing equity market in 2016. The broad-based MSCI index has delivered a dollar-based return of 50%, excluding dividends. Those gains defy logic. The economy is heavily geared to copper and gold; the nation faced a heated presidential election in the first half  More ►

Brazil Sell-Off Is Only Fire Drill

Brazil Sell-Off Is Only Fire Drill

The IMF has signaled that Brazil will soon emerge from its recession, but that news is undermined by concern over Trump-branded economic policies. The broad stock index known as the Bovespa is down almost 7% since the US election. Should investors lock-in otherwise strong gains and retreat from Brazilian equities? Since  More ►