So that week is finally over, the market has regained some strength with continued buying by local institutions (interesting that everyone else i.e. retail/foreign investors are selling post the strong rebound). It is earnings season again, 3Q16 numbers have started coming out of the finco’s and aside from TISCO being able to perform well (by cutting their deposit rates) most of the banks look average at best with NPL #’s continuing to increase.

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