I’m in San Salvador for a few days followed by a longer trip to Montevideo, Uruguay. After that, I’ll have a week in Buenos Aires, a week in Florence,...
CPI of 3.4% was in line with expectations and consistent with last month’s 3.4%. The monthly change was 0.4% driven by fuel and shelter. The monthly increase annualizes to...
Introduction: Decades ago, I took a finance class at the University of Michigan and vividly remember when the professor told us that the proper measure of risk is volatility....