Fynsa
In highly volatile markets, are stock market booms necessarily precursors to a stock market crash?
Although total sales are under pressure, the global art market is showing signs of vitality thanks to an increase in the number of transactions and the expansion of more affordable segments.
Simply put, the market is highlighting a structural reality: private credit is not a liquid asset, even though some structures attempt to provide periodic exit opportunities.
There is an anomaly in the markets called the "Monday effect." Is this a reality in Chile? To evaluate this, we analyzed the daily returns of the IPSA and calculated some basic statistics according to the day of the week.
Between January and December, the overall index accumulated growth of more than 45% in local currency (soles), positioning the Peruvian market among the most profitable in the region. The main driver was the mining sector, which accounted for the largest gains of the year.
Reforms and investment are central to the optimistic outlook for Argentina.
The superior performance of ex-US markets in 2025 would extend into 2026, especially in emerging markets, also leveraged by a weaker dollar and more attractive relative valuations.
Looking ahead to 2026, Chile continues to stand out for its attractive risk-return ratio. Improved terms of trade, greater macroeconomic stability, and still attractive valuations position us for another positive year for local assets.
