RIO DE JANEIRO, BRAZIL - Latin American markets closed mixed on Tuesday, with gains in Brazil, Mexico, and Chile taking advantage of a global weak dollar after economic data from the United States and China supported an appetite for risk assets. At the same time, Colombia, Argentina, and Peru posted losses.
Analysts fear that a rapid global recovery supported by the Covid-19 vaccination process and monetary and fiscal stimulus will lead to a pickup in inflation in the world's largest economy.
"Investors continue to evaluate the inflation scenario (in the U.S.) to validate an economic recovery, and therefore . . .