Refine by sector
Latest articles in Colombia
Strategy Note / Global

China challengers in manufacturing with low cost labour (in one chart)

For manufacturing activities not easily replaced by automation or 3D printing, which countries win share from China? Low wages and scale matter most in this segment: We plot wage curve up to China in countries with over 40mn population. Labour flexib...
Tellimer Research Hasnain Malik
Hasnain Malik @ Tellimer Research 13 July 2020
Strategy Note / Global

LatAm equity strategy: Structural weakness plus commodity price headwind

LATAM OFTEN DISPLAYS A DEGREE OF EXCEPTIONALISM COMPARED TO PEERS IN EM. Capital controls are also in place, which means fresh foreign capital can consider the ADR listings alone. However, without confidence that the creditor negotiations will resolv...
Tellimer Research Hasnain Malik
Hasnain Malik @ Tellimer Research 8 July 2020
LatAm equity strategy: Structural weakness plus commodity price headwind
LatAm equity strategy: Structural weakness plus commodity price headwind
Strategy Note / Global

Chasing technology's tail: EM equity strategy overview

In 2006 I was an analyst on global technology equities. This would be unwelcomed for the investment case given the military’s continuing, overbearing indirect grip on the economy and the strain put on the fiscal deficit from Covid-19 disruption. Equi...
Tellimer Research Hasnain Malik
Hasnain Malik @ Tellimer Research 28 June 2020
Chasing technology's tail: EM equity strategy overview
Chasing technology's tail: EM equity strategy overview
Macro Analysis / Global

Outlook for Latin America and the Caribbean: An Intensifying Pandemic

Latin America and the Caribbean have become the new COVID-19 global epicenter. Brazil’s , real GDP is projected to fall by 9 percent in 2020 amid high uncertainty, followed by a rebound of 3.6 percent in 2021. Monetary policy is expected to loosen fu...
International Monetary Fund
IMF Blog 26 June 2020
Outlook for Latin America and the Caribbean: An Intensifying Pandemic
Outlook for Latin America and the Caribbean: An Intensifying Pandemic
Strategy Note / Global

Oil war: Saudi, Russia can sustain a long war, but a 35% price drop shortens it

Both sides have enough financial capacity and sufficiently divergent goals to sustain the oil price war for some time (quarters, rather than months). But the goals of each side are not symmetrical. 4) Gaining Saudi (and wider GCC) cooperation on geop...
Tellimer Research Hasnain Malik
Hasnain Malik @ Tellimer Research 9 March 2020
Oil war: Saudi, Russia can sustain a long war, but a 35% price drop shortens it
Oil war: Saudi, Russia can sustain a long war, but a 35% price drop shortens it
Macro Analysis / Global

International Macroeconomic Perspectives

Higher market volatility during last week had its origin in the coronavirus effect vs. US economy´s positive outlook. During his speech at Congress this week, Federal Reserve Board Chairman Jerome Powell, signaled the economy continued on solid foota...
Capital Markets Argentina María Teresa Leiva
María Teresa Leiva @ Capital Markets Argentina 12 February 2020