On Global Bond Markets & Latin America

When Trump’s Big, Beautiful Bill passes, it will likely make deficits larger and increase the debt over the next 10 years. The US bond market hasn’t been batting an eye. Was former US Vice President Dick Cheney right when he said in 2002 that federal budget deficits don’t matter? They’ll certainly matter if too much US government debt triggers a financial crises, which continues to be a no-show, William points out. … Latin American markets are coming into favor as global investors seek shelter from trade risks and Middle East uncertainties. Their several advantages include low valuations and rich natural resources, including rare earth minerals.