Optimism Heading into IDB Weekend
There is a positive feeling among those headed to the annual Inter-American Development Bank meetings this weekend in Montevideo, particularly compared with the negativity at year-end 2011. The recent approval of a liquidity facility in Europe and positive US economic news has investors, bankers and economists optimistic about LatAm assets going forward, though there is concern about the stability of the recent rally. “There has been a very important change in the mood of investors from Q4 2011 to Q1 2012. Today, you are...
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