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Maxioms by Francisco Andrade

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The main worry short term is the drop in the Nasdaq. The U.S. didn't back up Argentina today, so there's read more

The main worry short term is the drop in the Nasdaq. The U.S. didn't back up Argentina today, so there's still a bit of worry about that.

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The market was really thin throughout the afternoon, with a continuation of profit-taking from yesterday, but then U.S. markets came read more

The market was really thin throughout the afternoon, with a continuation of profit-taking from yesterday, but then U.S. markets came back and capital flowed in.

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That number showed the market the U.S. may not be able to lower interest rates as soon as people expected read more

That number showed the market the U.S. may not be able to lower interest rates as soon as people expected ... and that will lengthen the time before their recovery.

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Argentina could be the next market to be attacked and since the Argentine market is so close to Brazil, that read more

Argentina could be the next market to be attacked and since the Argentine market is so close to Brazil, that could bring trouble for us. Brazil still needs foreign financing this year...so we need the flow of foreign funds to continue.

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The global atmosphere is still unclear and the local picture is also generating some tensions. The near-term outlook for the read more

The global atmosphere is still unclear and the local picture is also generating some tensions. The near-term outlook for the market is not good.

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