Carlos Asilis
Carlos Asilis
capacity excess
That would be a positive. Some of the world's excess capacity would be ameliorated.
guess huge market money retail whether
Whether retail money is going to rotate back into the market in a huge way is the key. My guess is it's not going to happen.
banks china chinese exchange foreign gradual impression risk system trauma
There is a risk that if China liberalizes the foreign exchange system when the banks need to be recapitalized, there could be trauma in the system. My impression is that the Chinese are going to be as gradual as they can.
overall terms
Yes, it's an unambiguous positive. But in terms of its overall importance, it's only marginal.
closer couple hit move next stocks unless wall
Stocks will probably hit a wall in the next couple of months, unless we move closer to the Goldilocks scenario.
fiscal fourth good history quarter side talk whatever
We could talk about sunspots, we could talk about fiscal year-end effects, but whatever the explanation may be, history is on the side of the fourth quarter being a good one.
healthy
It's not unexpected. We think it's a healthy move.
bad becoming break buying clear hard volatility
Are we going to break up or down? It's hard to say at this point. What is becoming clear is that buying volatility may not be a bad thing.
brazil clearest countries five markets mistake natural performing resource top
The story is clearest in the natural resource area. They import a lot from resource-rich countries like Brazil and Chile. It's no mistake that those are two of the top five performing markets in the world this year.
bulk consumer households moving seem
The things that make up the bulk of consumer expenditures for most U.S. households -- all of them seem to be moving up significantly.
coming concerned cyclical economy forces indicate secular visibility
Obviously, the economy ails from important secular imbalances; there's a lot to be concerned about. But the cyclical forces indicate that, at least over the coming quarters, visibility is high.
bubble clear nobody pinpoint process
Nobody can pinpoint when this process will come to an end. But it is very clear that it can't go on forever. Do you let this bubble grow, or do you do something about it?
clear deal expect mexico overweight pays sign
The deal is a clear sign that it still pays to be overweight Mexico and we expect to see more upside.
great integrity pride quality reflected within
I take great pride in the integrity and quality of our product, which often reflected non-consensus calls, even within the bank.