Markets seem to have been basking in the spring sun as they wait for the approaching summer heat, so to speak.
Markets have been very positive this week on better-than-expected inflation numbers. The Consumer Price Index (CPI) printed a better than expected 0.1% in March with the year-over-year rate declining to 5.0% compared to a 6.0% year-over-year rate reported in February of this year.
Chief Economist Eugenio J. Alemán discusses current economic conditions.