After the uncontrollable inflation of the 80s and 90s, Brazil established the Copom in 1996 to control inflation.
November has had more loan deals flexed up than flexed down, potentially signalling a slowdown
Break prices have widened in recent months, another positive for the high yield market
The share of cov-lite loan issuances has incresed in recent months, signaling a very strong loan market
Despite the short week, leveraged loan issuances and fund flows remained relatived strong.
Leveraged loan issuance maintained a decent pace given the short week, with 13 deals pricing
Second lien loan issuance has accelerated throughout the year, confirming strength in the loan market
Bond yields have remained at the all time lows reached in August
Industrial production in Mexico decreased slightly, though the confidence survey remained flat.
The consumer in Mexico is showing signs of reduced expectations for the economy
Mexican production showed a decrease, adding to other economic indicators pointing to a slow down
A high turnover rate in an ETF can cause trading costs that erode away any lower management fee savings
The PMI, or Purchasing Managers Index, is a leading indicator of the health of a country’s manufacturing sector. A number above 50 indicates an expansion and a number below 50…
The Mexican consumer confidence survey shows that the economy may be about to rebound
The Central Bank’s chairman is a key position that oversees a country’s macroeconomic stability. The world has seen the central role that current U.S. Federal Reserve’s chief, Ben Bernanke, has…
Leading Mexican indicators are pointing towards a slowdown despite the positive increase in coincident indicators
Producer prices in Mexico have decreased in recent months, possibly implying a slowdown
Mexican inflation decreased slightly in October after a steep series of monthly increases, possibly signifying a slight deceleration in growth
Unemployment in Brazil has reached historically low levels and further improvement is unlikely
Mexico’s leading economic indicators signal a potential slow down