Pantheon Publications
Below is a list of our Publications for the last 6 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep.
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Andrés Abadía (Chief LatAm Economist)
- In one line: A cautious pause amid mixed economic signals.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: A cautious hold, prioritizing inflation control amid persistent challenges.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: A cautious hold, prioritizing inflation control amid persistent challenges.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Struggling, the near-term outlook remains challenging.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Struggling, the near-term outlook remains challenging.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: BanRep maintains steady 50bp rate cuts despite board divide.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: BanRep maintains steady 50bp rate cuts despite board divide.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazil, Colombia, and Chile’s central banks diverge in their monetary policy decisions, but caution prevails.
- BCB maintains Selic rate at 10.50%, emphasizing vigilance given inflation pressures and fiscal risk.
- BanRep cuts rate to 10.75%, Chile holds at 5.75% amid mixed economic signals and inflation threats.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Resilient but slowing, amid domestic and external challenges.
Andrés Abadía (Chief LatAm Economist)Latin America
LATAM ECONOMIES SHOWING RESILIENCE...
- ...AMID POLICY CHALLENGES AND GLOBAL UNCERTAINTY
Andrés Abadía (Chief LatAm Economist)Latin America
- Mexico’s economic growth slowed in H1; nearshoring and public spending saved the day.
- Economic activity is facing challenges amid high political uncertainty and elevated interest rates.
- Weak external conditions and policy risk add to the difficult environment over the coming quarters.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazil’s current account deficit is widening, driven by both domestic factors and global headwinds.
- Mexico’s trade balance has deteriorated, hit by fewer oil exports and ongoing manufacturing weakness.
- Both nations must address economic uncertainties; tight financial conditions will keep a lid on imports.
Andrés Abadía (Chief LatAm Economist)Latin America
- LatAm policymakers face complex challenges due to inflation, currency volatility and policy uncertainty.
- Brazil will likely hold rates, as the currency sell-off and fiscal concerns dampen easing expectations.
- The central banks in the Andes will continue to cut rates, on the back of stable inflation and poor growth.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: CBI orders and prices fall in July, but both should rebound in August.
Andrés Abadía (Chief LatAm Economist)UK
- In one line: Core inflation remains under control, giving Banxico room for manoeuvre, despite the ugly headline.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazil’s IPCA-15 inflation overshot expectations, driven by transportation and housing costs.
- Brazil’s currency sell-off increases inflation risks, complicating COPOM’s monetary policy decisions.
- Mexico’s headline inflation jumped in mid-July, due largely to a non-core inflation spike; core is subdued.
Andrés Abadía (Chief LatAm Economist)Latin America
- Latin American trade balances have improved amid currency weakness and commodity-price rebounds.
- Brazil, Chile, Peru and Argentina are posting trade surpluses; deficits narrow in Colombia and Mexico.
- Regional economic stabilisation efforts are leading to results in external trade accounts, but risks remain.
Andrés Abadía (Chief LatAm Economist)Latin America
- The Mexican economy sent positive signals in May amid domestic political uncertainty and global risk.
- The service and construction sectors drove May’s growth; retail sales reflect an economic deterioration.
- Election-linked fiscal stimulus will wane; high rates and political risk are clouding the economic outlook.
Andrés Abadía (Chief LatAm Economist)Latin America
- Colombia’s and Argentina’s economies are recovering, amid persistent challenges and uncertainty.
- Agriculture is driving economic growth in Colombia, but construction and commerce are struggling.
- Fiscal consolidation has improved Argentina’s balance sheet but raises concerns about social impact.
Andrés Abadía (Chief LatAm Economist)Latin America
- The Latin American recovery faces headwinds as the US presidential election looms large on the horizon.
- Mr. Trump’s potential return to power threatens to disrupt LatAm economies and trade relations.
- Mexico is the most directly exposed, and Brazil the least vulnerable, to a potential Trump presidency
Andrés Abadía (Chief LatAm Economist)Latin America
