It's really not, I mean I guess it's superficial because I could've listed every single other index from mexico south which guess what they all outperformed the us indices, well except Argentina but again that one has been handled extremely gently by the IMF basically they've tried their best to prop the country up. But you also misunderstand my point which I've gone over way back when I posted about this and it's about capital flow, which is why I wrote.
If capital starts to feel more welcome in these economies at a time when the US appears to be actively trying to discourage foreign capital then this stream is going to grow.
Under Trump the flow of foreign capital into the US has slowed and the flow of US capital outside has increased. As for Brazil, foreign capital likes high interest rates so like I don't know what your point even is there. Like nothing you are saying is refuting anything I've written.
It's really not, I mean I guess it's superficial because I could've listed every single other index from mexico south which guess what they all outperformed the us indices, well except Argentina but again that one has been handled extremely gently by the IMF basically they've tried their best to prop the country up. But you also misunderstand my point which I've gone over way back when I posted about this and it's about capital flow, which is why I wrote.
Under Trump the flow of foreign capital into the US has slowed and the flow of US capital outside has increased. As for Brazil, foreign capital likes high interest rates so like I don't know what your point even is there. Like nothing you are saying is refuting anything I've written.