Alberto Ramos
Alberto Ramos
Alberto Ramos Sesmawas a Mexican polo player. He competed in the 1936 Summer Olympics. Born in Zanatepec, Oaxaca, he was part of the Mexican polo team, which won the bronze medal. He played all three matches in the tournament...
capital companies country decide evidence expected extremely given major reluctant sheer state stay
The companies that decide to stay are expected to be extremely reluctant to make major commitments of capital to the country given the sheer evidence of regulatory uncertainty and state heavy-handedness.
activity bit came domestic fall growth imports last lowest pace percent pick surprise year
The other surprise was that imports came in a little bit too low, 14 percent growth year over year is the lowest year over year growth in the last two years... I think the fall in imports is a little bit atypical. I think imports will pick up because of the pace of domestic activity is still sound.
copper demand means picture prices remain supply
The picture for supply and demand means that copper prices will remain high.
average below convinced momentum plausible stage trade
At this stage it does not look very plausible that the Colombian peso will average 2,240 for the year. I am not convinced the peso will have that much momentum to trade below 2,300 again.
textbook
The two experiences are completely opposed. One is textbook on what to do with a commodities windfall.
above continues copper derived economy expand government price save tax
The government continues to save a substantial part of the copper price windfall and the extraordinary tax revenues derived from an economy that continues to expand above trend.
beginning bonds credit crisis debt eventually few followed grade investment investors lead market mid operation reminds stage status stigma trading within
This operation removes the stigma of having bonds trading in the market that reminds investors of the debt crisis and moratorium of 1987 followed by the restructuring of the mid 1990s; signaling the beginning of new stage that could eventually lead the credit to investment grade status within a few years.
despite economy investment level lower recent share spending total
Despite the recent pickup, total investment spending in the economy is still lower than the level of 2001 and, as a share of GDP...below the 1997-2000 average.
copper expected given good percent performance rally solid somewhat year
The very good performance of exports, 36 percent year over year, was somewhat expected given the rally in copper prices, but still a very solid number.
activity backdrop buoyant commodity continue growth high monetary offer robust support
A backdrop of monetary tightening, high commodity prices, robust productivity growth and buoyant activity will continue to offer support to the peso.
borrowing costs country government harder lower money numbers opening reduce save short spend
The numbers show that the government is opening the faucets when it should save money or spend more moderately. They may not see a consequence in the short term, but in the medium- to long-term, it makes it harder for the country to lower borrowing costs and reduce debt.
debt despite fiscal low reassuring
The country's adherence to fiscal discipline, despite low debt levels, is commendable and reassuring for investors.
continues growth half investment percent spending
Investment spending continues to be very vigorous. There was 26 percent growth in investment in the first half of the year.
attractive carry highest talking trade yields
The carry is so attractive -- we are talking about yields that are the highest in the world. It's still a very attractive trade to be in.