TRANSFER.LC’s Post

#EdRMarketFlash: Uncertainty is the word of the week • In France Michel Barnier’s government fell, ushering in a fresh bout of uncertainty. The technical government option now seems to be the most likely scenario. The eurozone's peripheral countries, meanwhile, are enjoying some momentum, which has offset the negative impact of the French and German difficulties. • Economic indicators in the US are still buoyant but less so as the economy gradually returns to normal. • In China, the situation is improving but gradually, with the Caixin manufacturing PMI rising for the second month running. To find out more, read our weekly Market Flash: - English: https://lnkd.in/edSKhx6p - French: https://lnkd.in/evYvJjNn #BarnierGovernment #USEconomy #China

Quick facts: 1. no Southern Europe or CEE countries present in this chart. Still. 2. none of the big economies such as Germany, France or UK 3. Europe back in the game with 6 countries out of 10 More details at https://lnkd.in/d8_GZs-m.

Next up for our Publication Cycle, we have the LATAM Desk researching into the intriguing yet complicated macroeconomic environment of Argentina! Associates Si Ning Chui and Woon Pek Yong Samuel take us through Argentina's resilient economy and how recent political shifts to President Milei can turn the economy around. Handed with the mammoth task of turning one of LATAM's biggest economies back into economic stardom, Milei appears to be on an uphill battle. Nonetheless, investor sentiments are not entirely lost due to Milei's dual-policy approach which has shown promising early signs. Nonetheless, political divide within Argentina's National Congress may prove to be the most challenging still, particularly with Milei's bold privatisation strategy being crucial to improving the country's declining competitiveness. == This EB is part of a 3-part release by our LATAM desk covering the macroeconomy, industry, and company. Our Publication Cycles run at the end of every quarter for each of our 5 desks, with each quarter covering a different area of research spanning across - Fast Moving Consumer Goods (FMCG), Financial Institutions (FI), Industrial Corporate Groups (ICG), and Resource & Energy (R&E). Check out our other Publications here: https://lnkd.in/gwh9UESH If you wish to find out more, do reach out to us at sem@sa.smu.edu.sg or contact our President, Kai He Ong, or Vice-Presidents Eve Toh and Shang Ze Koh. #emergingmarkets #Argentina #LATAM #R&E #resourceandenergy #oilindustry #executivebrief #SMUEM

✨ I'm thrilled to share my latest article on Argentina, Latin America, and how technology is transforming the financial landscape. I explore the region's strengths and challenges, with a special spotlight on Argentina. 🚀 Growing up in Argentina made me acutely aware of the country’s macroeconomic challenges, but also of its incredible potential. This firsthand experience is what makes me optimistic about the region as a whole. Latin America’s global impact is undeniable: Argentina and Brazil are major food exporters, a vital role as the world’s population grows. Nearshoring between Mexico and the U.S. is booming, making Mexico the U.S.'s top trading partner. And Latin America’s incredible talent is a powerhouse for growth. ☘️  I am filled with hope and optimism for the region and its bright future, and I hope this article offers others valuable insights into Latin America's immense potential!

Will LATAM be the new engine for global growth? As the global economy navigates through turbulent waters, Latin America stands at the forefront of a remarkable economic resurgence. Our latest chart pack delves deep into the region's robust growth metrics, showcasing a resilient GDP trajectory, rising investment flows, and a booming labor market. With countries like Brazil, Mexico, and Chile leading the charge, this comprehensive visual analysis highlights the dynamic transformations propelling Latin America towards a new era of economic stability and prosperity. Big shout to Hank Rainey and Luis Tegho for putting this together. Macrobond users, DM me if you want the charts. Non-users, DM me if you want the charts AND Macrobond... #LatinAmerica #EconomicGrowth #LATAMEconomy #GDP #InvestmentFlows #LaborMarket #EconomicResurgence #EmergingMarkets #EconomicStability #Prosperity

With Mexico emerging as a nearshoring hotspot, offering proximity to the US, favourable currency performance, and rate cuts underway, the country solidifies its position among key emerging markets. Our latest feature explores how Mexico's strategic location and business-friendly environment are reshaping Latin America's economic landscape, alongside highlighting other developing trends to watch out for. Enjoy. #emergingmarkets #Mexico #macroeconomics #equities #internationaltrade #finance

𝐖𝐡𝐚𝐭 𝐭𝐫𝐮𝐥𝐲 𝐝𝐞𝐟𝐢𝐧𝐞𝐬 𝐚 "𝐫𝐢𝐜𝐡" 𝐜𝐨𝐮𝐧𝐭𝐫𝐲 𝐢𝐧 𝐭𝐨𝐝𝐚𝐲’𝐬 𝐠𝐥𝐨𝐛𝐚𝐥 𝐞𝐜𝐨𝐧𝐨𝐦𝐲? 𝐈𝐭’𝐬 𝐧𝐨𝐭 𝐣𝐮𝐬𝐭 𝐚𝐛𝐨𝐮𝐭 𝐬𝐢𝐳𝐞; 𝐢𝐭’𝐬 𝐚𝐛𝐨𝐮𝐭 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲 𝐚𝐧𝐝 𝐬𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲. As we explore the complexities of national wealth, traditional powerhouses in Latin America—like Argentina and Brazil—are being overshadowed by smaller nations like Panama and Chile. The latest Global Finance report reveals a fascinating shift: Panama leads Latin America with a per capita income of $44,797, while Argentina and Brazil now rank lower than expected. Chile follows with $31,005, leveraging its status as a major global producer of copper and lithium, alongside a transparent business environment that attracts foreign investment. Uruguay, with $30,170, is noted for its stability and modern business practices, earning it the title "𝐒𝐰𝐢𝐭𝐳𝐞𝐫𝐥𝐚𝐧𝐝 𝐨𝐟 𝐋𝐚𝐭𝐢𝐧 𝐀𝐦𝐞𝐫𝐢𝐜𝐚" and ranking as the least corrupt country in the region. These income levels impact how countries are perceived on the global stage, influencing trade relations, foreign aid, and the ability to negotiate favorable economic terms. As Latin American economies navigate global market shifts, understanding these income metrics allows policymakers and businesses to identify opportunities and risks, shaping strategies that can enhance economic stability and growth across the region. 𝐅𝐨𝐥𝐥𝐨𝐰 𝐦𝐞 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐧𝐞𝐰𝐬

The economies of Southern European countries have grown more rapidly than expected since 2020. Both Italy and Spain have outperformed France and Germany over the past four years. We expect this economic outperformance to continue for some years to come. Read our latest paper to find out why: https://bit.ly/4aOB4D3 Capital at risk. For professional investors only.

Fred Hu, Founder and Chairman of Primavera Capital, recently shared his thoughts on China's market outlook amidst the evolving global dynamics during a panel discussion at Fortune Global Forum 2024 in New York. Acknowledging the Chinese government's proactive efforts in boosting the economy, Fred emphasized the need for supply-side reforms and domestic demand stimulation in reviving confidence among Chinese consumers, entrepreneurs, and global investors. He remains optimistic about the government's commitment to supporting the market and further initiatives to steer the economy in a positive direction. The global market is looking to adapt to new realities as the US presidential election concluded with Donald Trump securing his second term. While there are still challenges in the US-China relations, Fred outlined how tariffs pose more harm than benefit on a historical basis. Given the complexities confronting the two largest economies in the world, both governments should still explore possibilities for collaboration. Watch the entire panel discussion here: https://lnkd.in/g2_ZiH7p #FortuneGlobalForum #USChinaRelations #EconomicPolicy