ICOL - EWZ: Can Brazil Avoid The 'Latin American Spring?'
Source: Pexels/Kaique Rocha
Until recently, I have been generally bullish on Latin American nations. Most (ex. Venezuela and Cuba) had stable centrist leadership that was focused on weeding out entrenched corruption and improving global investor confidence via pro-business reforms.
Its economies were rapidly growing and income inequality was falling. For a brief moment, it seemed that Latin America was immune to the rise in global populism.
Unfortunately, this has dramatically changed over about three months. Argentina went from a center-right pro-growth plan under Macri back to the pro-deficit nationalistic Peronist platform. When it became clear