Emerging Markets

The road ahead for the Brazilian economy

A comprehensive analysis of labor, inflation, fiscal and monetary policy.

May 18

XP: the leading Brazilian retail broker

A 20-page primer on one of the companies best positioned to capture a Brazilian equities recovery.

Feb 2

Chile 2025 Primer: will Chile return to the fold?

Economics, politics, and ADRs.

Jan 19

Mexico Industrials: Bird's-Eye View

Oligopolies, compounders, and Burry plays among 20+ industrials.

Oct 20, 2024

China’s Model: Doomsday or Escape Velocity?

Rethinking the Chinese investment-led model from the basics of business cycle theory.

Sep 15, 2024

Brazil Education Primer

Great economics, overinvestment, and leverage

Jul 27, 2024

A Short Primer on Investing in Brazilian Stocks

A concise Brazilian macroeconomy framework, ways to invest, and analysis of the main sectors listed in ADRs

Jun 15, 2024

Don't Let Milei's Mania Blind You: Argentina's Economy Faces Critical Challenges

There is a lot of global excitement around Milei’s strong rhetoric and policies.

Apr 14, 2024

LatAm Food Products: Bird's Eye View

I have been delving into Latin American food companies in the past month and a half.

Jan 31, 2024

Minerva S.A.: Rise Of A Monopsony

The Brazilian meatpacker is becoming the leading player in the South American and global beef export markets.

Dec 14, 2023

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