Over the last year, Brazil and Mexico have benefited from the shifting trade relationships and more recently the global disinflationary trends. While the trade vectors are different – Brazil is a rare source of new commodity exports, while Mexico is a near-shoring or China divestment winner, both stand out for their extensive (perhaps over active)… Continue reading Mexico and Brazil: Beneficiaries of the Fed Pause and Trade Rerouting
Tag: Brazil
Brazil in 2023: What to Watch for After January 8
The 8 January storming of Brazilian government buildings has exposed the divides present in Brazilian politics, and willingness of Bolsonaro supporters to use disruptive blockades. The economic and market impact will depend on whether there is additional disruption that might undermine Brazil’s critical infrastructure, how quickly the Lula government consolidates the security apparatus, whether the… Continue reading Brazil in 2023: What to Watch for After January 8
Ziemba Insights 