As of this writing, conservative Colombian presidential candidate Ivan Duque has won a resounding electoral victory. With 99% of the vote in, he leads leftist Gustavo Petro 54% to 42%, winning the total tally by more than two million votes:
In a year marked by political upheavel in Latin America, Colombia is one of the few countries that hasn't surprised investors. I said in January that Colombian stocks would put up big gains in 2018. And indeed, the market is outperforming. The Colombian Peso is the top emerging market currency year-to-date (and should rise more