Luis Maizel’s Monthly Letter: Upcoming Changes or More of the Same?

The letters discuss leadership changes in Mexico and upcoming U.S. elections amid extreme polarization. Economic indicators include U.S. stability with Mexican mixed data. Global events noted are the Israeli-Iranian conflict and China’s economic policies. Argentina’s inflation declined, Germany faces challenges, and markets saw moderate gains.

Mexico has been Downgraded in the Global Scene.

The publication of a sparse guest list at Claudia Sheinbaum’s inauguration reveals Mexico’s declining international esteem due to controversial foreign policies under AMLO. The country’s ambiguous stance, leaning towards nations like Russia and Cuba, contrasts sharply with traditionally democratic allies, reflecting a deeper isolation and distrust from global powers.

The Return of Germany’s Far-Right

The far-right Alternative for Germany, or AfD, won the election in Thuringia and finished second in Saxony, its first major post-war win. This raises concerns among political and business leaders. This follows a populist trend in global politics, partly due to massive migration flows. The …

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UBS Global Wealth Report 2024

People around the world are getting progressively wealthier – and that doesn’t just apply to those who already own great wealth. What does the future hold for global wealth? The answer is encouraging. Our analysis of over 50 key markets in this year’s Global Wealth Report shows the world is getting progressively richer across all …

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