iShares MSCI Brazil (EWZ) is up 22% this year and iShares MSCI Latin America (ILF) is up 16%. These numbers indicate there is a bull market somewhere in the world. What is it about Latin America?
- Foreign Direct Investments continue to flow into the region
- Tourism is booming
- Consumer spending is on the rise
- Americans are buying land in Latin America, which contributes to the economies
- Latin Americans are working in the U.S. and sending money back home
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.