Anticipation is a funny thing. Investors' fears of a turn in US
monetary policy played havoc with bond markets last year - so
much so, that by the time the Federal Reserve actually began
winding down its quantitative easing program, the response was
With so many uncertainties ahead for Latin America this
year, borrowers and investors can only hope that the markets
will react in as measured a way to all of them.
China's economy, for example, continues to come down from
its highs but markets have so far retained their poise...
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