Washington Post (November 30)
“After years of tumult in the housing market, builders across the country are betting that looser regulations and what they hope will be an economic boom will make it easier to build and sell. They’re also hoping those tailwinds more than offset possible hazards of Trump’s agenda, including ramped-up tariffs on Canada, Mexico and China that could push up costs for materials, and aggressive immigration policies that could mean the deportations of construction workers.”
Tags: Build and sell, Builders, Canada, China, Construction, Deportations, Economic boom, Hazards, Housing market, Immigration, Materials, Mexico, Regulations, Tailwinds, Tariffs, Trump, Tumult, Workers
New York Times (November 27)
“The inflation risk stalking the markets eased over the summer,” but is now “front and center again as investors contend with a Trumponomics crackdown on immigration, a rising trade-war risk and a potential bonanza of tax cuts.” Trump’s “latest trade threats show how uncertain the outlook could be”. Since he vowed “to impose tariffs on Canada, China and Mexico…analysts have been gaming out the potential impact.” It could be an opening gambit of little consequence, but “economists fear that it could add bottlenecks and costs to supply chains and reignite inflation, and that it could scramble the Fed’s policy on interest rates.”
Tags: Bottlenecks, Canada, China, Costs, Crackdown, Fed, Immigration, Inflation, Interest rates, Investors, Markets, Mexico, Risk, Supply chains, Tariffs, Tax cuts, Trade war, Trumponomics, Uncertain
Wall Street Journal (November 26)
“Trump’s promise to impose 25% tariffs on Canada and Mexico and an additional 10% on Chinese imports on the first day of his presidency could lead to higher prices, just as the country appears to be turning a corner on inflation.” Economists at Yale’s Budget Lab calculated that these tariffs, combined with the three countries’ expected retaliatory measures, “would raise U.S. consumer prices by 0.75% next year,” which would “amount to more than $1000 in lost purchasing power per household.”
Tags: $1000, Canada, China, Consumer prices, Economists, Imports, Inflation, Mexico, Purchasing power, Retaliatory measures, Tariffs, Trump, U.S., Yale
Wall Street Journal (November 13)
“South of the border, China is ascendant,” having successfully “capitalized on U.S. indifference in Latin America.” The world’s second most populous nation has now “replaced the U.S. as the dominant trading partner for most big economies, with the exceptions of Mexico and Colombia.” Beijing has also “signed up most of Latin America and the Caribbean to an infrastructure program that excludes the U.S.”
Tags: Ascendant, Big economies, Border, Capitalized, China, Colombia, Dominant, Indifference, Latin America, Mexico, Trading partner, U.S.
South China Morning Post (June 28)
“Facing major obstacles in developed countries, many Chinese car manufacturers have already pivoted to emerging markets such as Latin America. In 2023, Chinese cars accounted for 19.5 per cent of all car sales in Mexico, compared with only 6.4 per cent in 2019.”
Tags: 19.5%, 2019, 2023, 6.4%, Car manufacturers, Chinese, Developed countries, Emerging markets, Latin America, Mexico, Obstacles, Pivot, Sales
CNN (June 17)
“Mexico is enduring its most expansive and severe drought since 2011, affecting nearly 90% of the country. Water has become an increasingly fraught topic, with fears cities — including Mexico City — could be barreling toward a ‘day zero,’ on which water runs dry.”
Tags: 2011, Cities, Day Zero, Drought, Dry, Enduring, Expansive, Fears, Mexico, Mexico City, Severe, Water
Institutional Investor (July 18)
“The cyclically adjusted price-to-earnings ratio for emerging market equities is 15x, compared to 27x for those in developed markets and 34x for those in the U.S.” At just above 10x, “China is trading at a significant discount,” but investors can also easily “steer clear of China.” Other emerging market opportunities “worth considering” include Korea, Brazil, Malaysia, Hungary, Thailand, Mexico, and much of Latin America where P/E ratios range from 10x to 25x.
Tags: Brazil, China, Cyclically adjusted, Developed markets, Discount, Emerging markets, Equities, Hungary, Investors, Korea, Malaysia, Mexico, P/E ratio, Thailand
Mercury News (May 12)
“From Mexico to far-flung Argentina, thousands of Latin Americans are booking flights to the United States to take advantage of one of the world’s most successful vaccination campaigns, as rollouts in their own countries sputter.” The increased demand is evident. “Flight prices from Mexico to the United States have risen an average of 30%-40% since mid-March.”
Tags: Argentina, Boomed, Campaign, Demand, Flight prices, Flights, Latin America, Mexico, Rollouts, Sputter, U.S., Vaccination
Forbes (October 28)
“Amid a global slowdown in economic growth that has seen central banks lower interest rates near zero or below in an effort to provide stimulus,” a number of “major economies are on high recession alert.” These include Hong Kong, the U.K., Germany, Italy and China. “Other highly stressed economies around the world include Turkey, Argentina, Iran, Mexico and Brazil.”
Tags: Argentina, Brazil, Central banks, China, Economic growth, Germany, Global slowdown, Hong Kong, Interest rates, Iran, Italy, Mexico, Recession, Stimulus, Stressed, Turkey, U.K.
Inc (May Issue)
“Images of sea creatures ensnared by plastic six-pack rings are a common source of environmental anguish. They also provided inspiration for the Mexico City-based startup E6PR,” which stands for eco six-pack ring and is made with natural fibers. “Those natural fibers not only make it compostable, but sea animals can eat it as well without suffering any ill effects. And, unlike plastic six-pack rings, which last for decades, E6PR’s naturally disintegrate.” The revolutionary product is already getting take up from “leading Mexican brewer Corona” and “craft breweries in the U.S., Australia, Poland, Scotland, and South Africa.”
Tags: Australia, Compostable, Corona, E6PR, Ensnared, Mexico, Natural fibers, Plastic, Poland, Scotland, Sea creatures, Six-pack rings, South Africa, U.S.
