16 Quotes by Enrique Alvarez

Next week is characterized by very low liquidity in Brazilian financial markets, and no major economic data are released.

It is going to be a Fed week. The market is 100 percent in sync with a quarter of a percentage point rise for Fed fund rates at 4.75 percent.

It is pretty evident that every time you get above (the 10-year Treasury yield of) 4.72 to 4.73 percent area the market becomes uneasy. That is the inflection point where you see negative returns and some spread widening (in emerging market debt).

Latin America is finishing the year on a very strong tone.

People are starting to become weary of the inversion in the U.S. curve and in particular the yields that you receive in the 6-month and 2-year notes.

Overall, you have a very technical market pushing us to historical highs because once people got a feel for these higher levels, it has been an easy push to the upside and has been helped by lack of liquidity.

Treasuries seem to be overly happy and emerging markets seem to be quite content also.

There are other social factors in Bolivia that are pressing (Morales) to take more rapid action. The relationship that he is building with Chavez and Castro is also forcing him to act with more speed.

Both countries are convinced they're going to meet their future financing needs on the domestic markets.