Colombia Hawkish Pivot Masks Underlying Woes for Peso
Original Report
Colombia’s peso is defying economic and political woes after a surprisingly hawkish pivot in monetary policy reinforced the dominant carry trade.
Glass House Analysis
International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
Blizzard cripples East Coast airports, canceling thousands of flights
American, Delta, JetBlue, United and others waived change and cancellation fees ahead of another massive winter storm.
This satellite stock could double as analysts say it’s ‘built for the space megatrend’
York Space Systems shares have slid since the company debuted in January, but some analysts think the company has technological and financial advantages over rivals.
Novo Nordisk sinks 16% after weight loss drug fails to match Eli Lilly's in trial
Novo Nordisk stock fell 16% Monday after it said its next-generation weight loss drug didn't meet its primary target.
Big Tech’s ‘Lag 7’ is putting the S&P 500 — and your index fund — at risk
A breakdown of the “Magnificent Seven” and AI hyperscalers raises concern for the stock market and the economy