In our base case, we expect some moderation in U.S. interest rates in the coming months and recommend considering moving gradually out of cash into longer maturities and corporate bonds.
The expected drop in the price of the dollar to the vicinity of 800 should not occur until next year.
The Fed's actions led to a significant sell-off in dollar rates, with the 10-year treasury rate at a high of 4.50%, a level not seen since 2007.
The market for this fuel, which is key to the economy, is facing constraints.
Any of the last 3 months of core inflation in the U.S. has been the softest reading since September 2021.
Thanks to nearshoring, foreign direct investment in Mexico shows a 40% jump this year.
The McDermitt volcano caldera could host between 20 and 40 million tons of lithium metal.
The current outlook points to the worst-case scenario for the Chilean peso, with the local interest rate expected to reach 8% by the end of the year.
The costs to insurers associated with these events would exceed US$100,000 million for the third consecutive year. The bulk of these costs are incurred in the United States, given the high penetration of insurance in that country.
Investing in distressed properties can provide benefits in terms of cost, market value and profitability.