Jorrel Fenwick·Nov 17, 2025The GDP Downgrade Paradox: Why Brazil’s Slower Growth Forecast Is Actually BullishThis morning, Brazil’s Finance Ministry cut 2025 GDP growth from 2.3% to 2.2%. Inflation forecasts dropped from 4.8% to 4.6%. Most…
Carew Seldan·Oct 10, 2025The 106.50 Dollar Problem: Why This Number Should Terrify Emerging MarketsFriday afternoon in São Paulo, and I’m watching something I’ve seen only four times in my 25-year career: the Dollar Index crossing 106…
Rachel Cavenor·Sep 27, 2025Friday afternoon.As I stare at the screens in our office, still flickering with red numbers, I’m reminded of a conversation from 2015. I was in Hong Kong…
Carew Seldan·Sep 18, 2025The Fed-BCB Divergence: Navigating Two Central Bank WorldsAt 2:00 PM Eastern Time yesterday, Jerome Powell did something that will reshape global capital flows for years to come. He cut interest…
