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The idea of a cashless society is no longer new. Payments are going digital everywhere in the world as more consumers are demanding for “anytime, anywhere” form of payment services.
With interest rates kissing the zero-bound and market participants briefly pricing in negative fed funds rate in early 2021, the possibility of negative rates reaching the US financial shores is building. In this article, we discussed the possibility of NIRP, its investment implications, the outlook for interest rates and how to position for it.
Latin America has been one of the biggest losers this year so far, as the region struggles helplessly with the Covid-19 crisis. Brazil, the largest economy within the region, has been on the headlines recently for the wrong reasons – President Bolsonaro stubbornly refuses to exercise proper quarantine measures. In this article, we take a closer look at the region, to determine if they are worth the bargain.