Felipe Garcia Quotations

We celebrate very differently. We bring toys for all the kids (on Three Kings Day).

What this means for Latin America is that it will be more expensive for countries like Brazil and Mexico, with big external financing needs, to issue more bonds overseas. The market is simply very nervous.

Feb. 2, that's when we take the tree down. Christmas lasts until that day.

The U.S. markets liked (the trade gap data). Therefore, the Latin markets liked it.

After two or three months of inflation numbers coming in above expectations you start to revise inflation expectations upward, which puts pressure on domestic interest rates.