Markets As the fall comes….

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Fall season nears as news come from several different fronts. Sweden calls for a tight election on the center right with an extremely weak krone on the run where immigration plays a key role;  Argentina hardly recovers from peso run with very few reserves on the tank, the USD near the 40 pesos mark ( it was 1 to 1 not long ago), markets down 50% on the year; and finally, as US mid term elections approach, fears of change in congress and cautious evidence of nearing recession bring further uncer...
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News from all angles

News from all angles
Diversity of highlights again. Falling markets, trade, pornstars, jailed politicians and resigning prime ministers. Nothing fun to note in Spain. Puigdemont finally arrested on a miscalculated move through Germany. People take the streets in a failed and still pacific “coup d’etat”. Current government would be making a big mistake trying to get credit for the actions. This is serious “stuff” and can get worse. No time for laughs or taking credit as non criminal prisoners become martyrs. We s...
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Markets, takeovers and trends

Markets, takeovers and trends
Another weeks goes by with President Trump in all the headlines with his new trade war, imposing tariffs on aluminium and steel based on “national security” and detonating an aggressive response from the rest of the world, as well as his own advisors, marked by the resignation of Gary Cohn, his once popular chief economic advisor.  A question of accountability to his electorate and balancing the trade accounts, Trump narrowly explains in his twitter, mentioning 1 billion, just a “typo”, instead ...
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More rain in Spain

More rain in Spain
Lets get specific with questions and answers in our views. Our attention will focus on Spain exclusively today. We have an agonizing party in power, a struggling economy and a very misleading reading of news that constantly hide realities. A reality check is much needed. Spain is not growing nicely, if at all. Its nominal 3% growth hides significant realities. And nobody can or should claim merit for this. Spain is recipient of a wave of tourism that creates consumption, exports and current ...
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Week in review

Week in review
January 2018 follows a similar path to what we left behind back in the previous year with US markets thriving and breaking highs. There are clearly winners and losers in this trend. On the winner side we have technology companies “the big four” calling the shots and becoming more influential in public eyes as well as in their hiring procedures. Their capacity to hire without raising wages is impressive. Employees might be less skilled but it does seem to pay off. They get benefits, health insur...
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