Chile had been known as the best-managed economy in Latin America—until recently.
The social and economic crisis in Venezuela has resulted in food and medicine shortages, a crippled economy, record high inflation, and falling oil prices.
Trump’s anti-trade rhetoric has caused Mexican officials to consider working toward reducing the country’s reliance on the US.
As the third-largest economy in Latin America, Colombia is expected to recover from its subdued growth of ~2% in 2016—its lowest figure since 2009.
High inflation, a fiscal deficit, and political issues have all crippled economic growth in Argentina.
Peru is one of the fastest-growing economies among emerging markets.
Brazil, the largest economy in Latin America, seems to be showing signs of improvement in 2017.
As the global economy continues to grow at a moderate pace amid geopolitical uncertainties, Latin America has experienced a phenomenal start in 2017,
The tech sector has been the best-performing sector year-to-date. The sector has returned 15.1% YTD through May 11, 2017, compared to the S&P 500’s YTD returns of 5.8%.
The equity markets across the US (SPY) (QQQ) are surging with indexes recording all-time highs in 2017.
Currently, the passage of tax reform is playing a significant role in Trump’s agenda in 2017 after some of the setbacks in their reforms.
Market reaction drives the movement of the volatility index (or VIX). The index is currently at low levels despite the uncertainty in Europe (VGK) and President Trump’s policies.
The NASDAQ (COMP-INDEX) recorded its best quarterly performance in 1Q17 since 2013 as tech stocks (XLK) rose more than 10%.
The NASDAQ Index in 2017 so far has risen nearly 12% as of May 9, outperforming the other major US indexes.
Mexican markets may be starting to overcome Trump’s anti-trade rhetoric in 2017.
Amid its financial chaos, Greek manufacturing activity rose in April 2017, though it remains below the acceptable mark of 50.
Russia’s manufacturing activity improved at a slower pace in April due to weaker demand. Growth in output and new orders slowed to eight-month lows.
In April 2017, manufacturing activity in Indonesia (IDXG) saw its strongest rise since mid-2016, mainly due to the faster expansion of new work orders.
The Nikkei India Manufacturing PMI for April 2017 matched its reading for the previous month.
Brazil’s manufacturing activity rose in April 2017, with the country reporting its first rise in manufacturing in two years amid recovery expectations.