Markets Brace for Post-Chavez Uncertainty

Markets Brace for Post-Chavez Uncertainty

Venezuela Economy & Policy

Though Venezuelan assets have mostly rallied since President Hugo Chavez became gravely ill, his death late Tuesday left analysts and investors unsure of what to expect during what could be a volatile transition period. “Many of the same risks continue. Our base case is that they will respect the constitution and call elections within 30 days,” Bret Rosen, head of LatAm research at Standard Chartered, tells LatinFinance. The rally of last few months has been based on the standpoint that Chavez w

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