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Good news from Brazil (if you like bonds, that is)
Weekly investor research
25 April 2016
The good news from Brazil continues, if you are a fixed income investor, that is. Argentina steps back into the global capital markets with a bang. Hard landing fears in China are immediately replaced by fears of debt, but most critics fail to account for China’s high savings rates. Peru’s presidential run-off election scheduled for 5 June looks too close to call, not that it matters a great deal. Colombia’s trade deficit is finally beginning to narrow. Mexican inflation is impressively low and India’s long season of Senate elections kicks off. The US data weakened further last week and investors should ask themselves what policymakers would do in a renewed downturn.