IBOV 176,723 ▲ 0.56% IPSA 10,928 ▲ 0.16% IPC MEX 66,637 ▲ 1.01% MERVAL 3,220,350 ▼ 0.46% COLCAP 2,296.81 ▼ 0.47% BVL PERÚ 56,428.20 ▲ 1.15% USD/BRL5.07▼ 1.25% USD/MXN17.42▼ 0.60% USD/CLP926.08▼ 0.73% USD/COP3,247▼ 0.48% USD/PEN3.39▼ 0.62% USD/ARS1,470▼ 0.88% USD/UYU40.23▲ 0.99% USD/PYG6,039▲ 1.12% USD/BOB10.35▲ 6.04% USD/DOP58.25▲ 0.29% USD/CRC448.93▲ 1.31% USD/GTQ7.62▲ 2.07% USD/HNL26.73▲ 1.38% USD/NIO36.62▲ 0.63% USD/VES722.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▲ 0.25% USD/TTD6.75▲ 1.19% EUR/BRL5.79▼ 0.44% BRENT 85.32 ▲ 2.42% WTI 79.67 ▲ 1.96% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.15% GOLD 4,063 ▲ 1.66% SILVER 59.10 ▲ 2.54% SOY 1,191 ▼ 0.96% CORN 459.50 ▲ 4.97% WHEAT 644.00 ▲ 2.71% COFFEE 327.00 ▼ 4.22% SUGAR 14.92 ▲ 1.15% ORANGE JUICE 140.90 ▼ 1.16% COTTON 81.68 ▲ 2.32% COCOA 5,936 ▲ 4.21% BEEF 231.58 ▼ 1.34% CATTLE 349.63 ▼ 1.33% LITHIUM 71.34 ▲ 1.57% PETR4 40.67 ▲ 0.02% VALE3 74.20 ▲ 1.85% ITUB4 43.51 ▼ 0.02% BBDC4 18.67 ▼ 0.53% ABEV3 15.84 ▲ 0.06% BBAS3 20.60 ▲ 1.78% B3SA3 15.47 ▲ 2.31% WEGE3 44.44 ▲ 0.11% PRIO3 57.21 ▲ 0.02% SUZB3 41.38 ▼ 0.27% RENT3 40.50 ▲ 0.75% AZZA3 18.92 ▼ 1.56% CSAN3 3.89 ▼ 0.26% RAIZ4 0.31 ▼ 6.06% PCAR3 2.48 ▼ 4.25% GMAT3 4.01 ▲ 1.78% PSSA3 54.50 ▲ 0.85% CVCB3 1.38 ▲ 10.40% POSI3 4.00 ▲ 0.25% SLCE3 13.74 ▼ 0.94% NATU3 8.55 ▼ 0.58% BRKM5 6.69 ▼ 3.60% RANI3 8.03 ▲ 1.01% CSNA3 5.15 ▼ 1.72% CMIN3 5.07 ▼ 6.97% USIM5 8.27 ▼ 1.31% GGBR4 23.17 ▲ 1.53% ENEV3 26.97 ▲ 0.33% CPFE3 47.30 ▲ 0.98% CMIG4 11.19 ▲ 1.08% EQTL3 40.93 ▲ 1.79% LREN3 14.29 ▲ 0.99% VIVT3 35.57 ▲ 2.42% RAIL3 14.12 ▲ 0.07% KLABIN 17.47 ▼ 0.06% RAIA DROGASIL 18.47 ▲ 1.48% RDOR3 36.12 ▲ 1.57% HAPV3 11.09 ▲ 6.02% FLRY3 16.48 ▲ 2.04% SMTO3 16.20 ▼ 1.04% UGPA3 30.09 ▼ 2.72% VBBR3 33.22 ▲ 1.40% BBSE3 40.31 ▲ 0.07% BPAC11 58.00 ▲ 0.83% CURY3 33.76 ▲ 1.93% AERI3 2.06 ▼ 0.96% VIVARA 23.48 ▲ 1.60% COMPASS 25.24 ▲ 1.90% VAMOS 3.12 ▲ 3.31% SANB11 27.40 ▲ 0.11% ASAI3 8.70 ▼ 0.11% SBSP3 30.36 ▼ 0.03% WALMEX 49.36 ▼ 0.58% GMEXICO 201.31 ▲ 2.92% FEMSA 232.29 ▲ 3.08% CEMEX 22.14 ▲ 1.65% GFNORTE 186.84 ▲ 2.62% BIMBO 56.37 ▲ 0.89% TELEVISA 9.52 ▼ 0.94% AMX 22.96 ▲ 1.64% GAP 394.20 ▼ 3.43% ASUR 277.85 ▼ 0.29% OMA 235.93 ▲ 1.12% KOF 180.40 ▼ 0.70% GRUMA 280.18 ▼ 0.42% KIMBER 38.54 ▲ 0.84% SQM-B 67,412 ▲ 0.30% COPEC 6,140 ▲ 1.37% BSANTANDER 78.77 ▲ 0.73% FALABELLA 5,914 ▲ 0.15% ENELAM 85.18 ▲ 1.16% CENCOSUD 2,050 ▲ 0.50% CMPC 1,087 ▲ 0.80% BANCO CHILE 188.19 ▲ 1.72% LATAM AIR 24.67 ▼ 0.92% YPF 77,400 ▲ 0.29% GGAL 7,910 ▼ 2.10% PAMPA 5,205 ▼ 0.38% TXAR 662.00 ▼ 0.38% ALUAR 950.00 ▼ 1.50% TGS 9,680 ▲ 1.15% CEPU 2,302 ▼ 0.73% MIRGOR 16,750 ▼ 1.47% COME 45.35 ▲ 1.27% LOMA NEGRA 3,513 ▲ 0.43% BYMA 301.75 ▼ 2.11% TELECOM ARG 4,310 ▲ 1.41% ECOPETROL 16.02 ▲ 0.88% BANCOLOMBIA 81.58 ▲ 1.44% GRUPO AVAL 4.92 ▲ 0.20% CREDICORP 391.68 ▲ 0.63% SOUTHERN COPPER 181.42 ▲ 3.95% BUENAVENTURA 30.75 ▲ 3.10% MERCADOLIBRE 1,856 ▼ 0.60% NUBANK 13.89 ▲ 1.57% XP 16.79 ▲ 2.54% PAGSEGURO 9.20 ▼ 0.92% STONE 11.18 ▲ 0.27% GLOBANT 31.19 ▼ 2.90% TECNOGLASS 43.85 ▲ 2.36% GAP AIRPORT 226.29 ▼ 2.78% ASUR 277.85 ▼ 0.29% OMA AIRPORT 108.15 ▲ 1.90% AMX ADR 26.27 ▲ 0.90% FEMSA ADR 133.41 ▲ 3.41% CEMEX ADR 12.72 ▲ 2.13% PETROBRAS ADR 17.94 ▲ 0.31% VALE ADR 14.58 ▲ 2.82% ITAU ADR 8.56 ▲ 1.00% SANTANDER BR 5.41 ▲ 1.12% AMBEV ADR 3.09 ▲ 0.98% CSN 1.03 ▼ 0.49% GERDAU 4.59 ▲ 2.23% LATAM ADR 53.28 ▼ 0.09% BTC 64,579 ▲ 3.76% ETH 1,878 ▲ 5.89% SOL 77.38 ▲ 3.36% XRP 1.12 ▲ 5.03% BNB 581.01 ▲ 2.54% ADA 0.16 ▲ 4.11% DOGE 0.07 ▲ 3.51% AVAX 6.67 ▲ 3.50% LINK 8.28 ▲ 5.17% DOT 0.85 ▲ 1.49% LTC 44.98 ▲ 3.43% BCH 237.01 ▲ 0.33% TRX 0.33 ▲ 0.33% XLM 0.19 ▲ 2.81% HBAR 0.07 ▲ 0.11% NEAR 2.02 ▲ 5.44% ATOM 1.56 ▲ 1.50% AAVE 98.90 ▲ 4.81% SELIC 14.25% EMBRAER 82.90 ▼ 0.13% EMBRAER ADR 65.40 ▲ 1.42% JBS 11.87 ▲ 0.59% JBS BDR 60.15 ▼ 0.76% MBRF3 16.17 ▲ 2.86% MBRFY 3.11 ▲ 1.97% INTER 5.67 ▲ 0.27% EGX 52,299 ▼ 0.59% USD/ZAR16.37▼ 0.62% USD/NGN1,381▲ 0.07% NIKKEI 67,744 ▲ 0.74% CSI300 4,797 ▲ 2.15% HSI 24,341 ▲ 0.52% NIFTY 24,052 ▼ 0.66% KOSPI 6,857 ▲ 0.73% JCI 6,040 ▲ 0.03% USD/JPY162.18▼ 0.16% USD/CNY6.76▼ 0.26% DAX 25,147 ▲ 0.13% CAC 8,367 ▲ 0.03% FTSE 10,529 ▲ 0.30% MIB 52,863 ▲ 0.10% IBEX 19,357 ▲ 0.11% STOXX 642.10 ▲ 0.17% EUR/USD1.14▲ 0.39% GBP/USD1.34— 0.00% SPX 7,546 ▲ 0.40% DJI 52,513 ▲ 0.03% NDX 29,594 ▲ 1.13% RUT 2,964 ▲ 0.36% TSX 35,316 ▲ 0.18% VIX 16.42 ▼ 4.31% USD/CAD1.41▼ 0.62% US10Y 4.5890 ▼ 0.43% IBOV 176,723 ▲ 0.56% IPSA 10,928 ▲ 0.16% IPC MEX 66,637 ▲ 1.01% MERVAL 3,220,350 ▼ 0.46% COLCAP 2,296.81 ▼ 0.47% BVL PERÚ 56,428.20 ▲ 1.15% USD/BRL 5.07 ▼ 1.25% USD/MXN 17.42 ▼ 0.60% USD/CLP 926.08 ▼ 0.73% USD/COP 3,247 ▼ 0.48% USD/PEN 3.39 ▼ 0.62% USD/ARS 1,470 ▼ 0.88% USD/UYU 40.23 ▲ 0.99% USD/PYG 6,039 ▲ 1.12% USD/BOB 10.35 ▲ 6.04% USD/DOP 58.25 ▲ 0.29% USD/CRC 448.93 ▲ 1.31% USD/GTQ 7.62 ▲ 2.07% USD/HNL 26.73 ▲ 1.38% USD/NIO 36.62 ▲ 0.63% USD/VES 722.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.25% USD/TTD 6.75 ▲ 1.19% EUR/BRL 5.79 ▼ 0.44% BRENT 85.32 ▲ 2.42% WTI 79.67 ▲ 1.96% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.15% GOLD 4,063 ▲ 1.66% SILVER 59.10 ▲ 2.54% SOY 1,191 ▼ 0.96% CORN 459.50 ▲ 4.97% WHEAT 644.00 ▲ 2.71% COFFEE 327.00 ▼ 4.22% SUGAR 14.92 ▲ 1.15% ORANGE JUICE 140.90 ▼ 1.16% COTTON 81.68 ▲ 2.32% COCOA 5,936 ▲ 4.21% BEEF 231.58 ▼ 1.34% CATTLE 349.63 ▼ 1.33% LITHIUM 71.34 ▲ 1.57% PETR4 40.67 ▲ 0.02% VALE3 74.20 ▲ 1.85% ITUB4 43.51 ▼ 0.02% BBDC4 18.67 ▼ 0.53% ABEV3 15.84 ▲ 0.06% BBAS3 20.60 ▲ 1.78% B3SA3 15.47 ▲ 2.31% WEGE3 44.44 ▲ 0.11% PRIO3 57.21 ▲ 0.02% SUZB3 41.38 ▼ 0.27% RENT3 40.50 ▲ 0.75% AZZA3 18.92 ▼ 1.56% CSAN3 3.89 ▼ 0.26% RAIZ4 0.31 ▼ 6.06% PCAR3 2.48 ▼ 4.25% GMAT3 4.01 ▲ 1.78% PSSA3 54.50 ▲ 0.85% CVCB3 1.38 ▲ 10.40% POSI3 4.00 ▲ 0.25% SLCE3 13.74 ▼ 0.94% NATU3 8.55 ▼ 0.58% BRKM5 6.69 ▼ 3.60% RANI3 8.03 ▲ 1.01% CSNA3 5.15 ▼ 1.72% CMIN3 5.07 ▼ 6.97% USIM5 8.27 ▼ 1.31% GGBR4 23.17 ▲ 1.53% ENEV3 26.97 ▲ 0.33% CPFE3 47.30 ▲ 0.98% CMIG4 11.19 ▲ 1.08% EQTL3 40.93 ▲ 1.79% LREN3 14.29 ▲ 0.99% VIVT3 35.57 ▲ 2.42% RAIL3 14.12 ▲ 0.07% KLABIN 17.47 ▼ 0.06% RAIA DROGASIL 18.47 ▲ 1.48% RDOR3 36.12 ▲ 1.57% HAPV3 11.09 ▲ 6.02% FLRY3 16.48 ▲ 2.04% SMTO3 16.20 ▼ 1.04% UGPA3 30.09 ▼ 2.72% VBBR3 33.22 ▲ 1.40% BBSE3 40.31 ▲ 0.07% BPAC11 58.00 ▲ 0.83% CURY3 33.76 ▲ 1.93% AERI3 2.06 ▼ 0.96% VIVARA 23.48 ▲ 1.60% COMPASS 25.24 ▲ 1.90% VAMOS 3.12 ▲ 3.31% SANB11 27.40 ▲ 0.11% ASAI3 8.70 ▼ 0.11% SBSP3 30.36 ▼ 0.03% WALMEX 49.36 ▼ 0.58% GMEXICO 201.31 ▲ 2.92% FEMSA 232.29 ▲ 3.08% CEMEX 22.14 ▲ 1.65% GFNORTE 186.84 ▲ 2.62% BIMBO 56.37 ▲ 0.89% TELEVISA 9.52 ▼ 0.94% AMX 22.96 ▲ 1.64% GAP 394.20 ▼ 3.43% ASUR 277.85 ▼ 0.29% OMA 235.93 ▲ 1.12% KOF 180.40 ▼ 0.70% GRUMA 280.18 ▼ 0.42% KIMBER 38.54 ▲ 0.84% SQM-B 67,412 ▲ 0.30% COPEC 6,140 ▲ 1.37% BSANTANDER 78.77 ▲ 0.73% FALABELLA 5,914 ▲ 0.15% ENELAM 85.18 ▲ 1.16% CENCOSUD 2,050 ▲ 0.50% CMPC 1,087 ▲ 0.80% BANCO CHILE 188.19 ▲ 1.72% LATAM AIR 24.67 ▼ 0.92% YPF 77,400 ▲ 0.29% GGAL 7,910 ▼ 2.10% PAMPA 5,205 ▼ 0.38% TXAR 662.00 ▼ 0.38% ALUAR 950.00 ▼ 1.50% TGS 9,680 ▲ 1.15% CEPU 2,302 ▼ 0.73% MIRGOR 16,750 ▼ 1.47% COME 45.35 ▲ 1.27% LOMA NEGRA 3,513 ▲ 0.43% BYMA 301.75 ▼ 2.11% TELECOM ARG 4,310 ▲ 1.41% ECOPETROL 16.02 ▲ 0.88% BANCOLOMBIA 81.58 ▲ 1.44% GRUPO AVAL 4.92 ▲ 0.20% CREDICORP 391.68 ▲ 0.63% SOUTHERN COPPER 181.42 ▲ 3.95% BUENAVENTURA 30.75 ▲ 3.10% MERCADOLIBRE 1,856 ▼ 0.60% NUBANK 13.89 ▲ 1.57% XP 16.79 ▲ 2.54% PAGSEGURO 9.20 ▼ 0.92% STONE 11.18 ▲ 0.27% GLOBANT 31.19 ▼ 2.90% TECNOGLASS 43.85 ▲ 2.36% GAP AIRPORT 226.29 ▼ 2.78% ASUR 277.85 ▼ 0.29% OMA AIRPORT 108.15 ▲ 1.90% AMX ADR 26.27 ▲ 0.90% FEMSA ADR 133.41 ▲ 3.41% CEMEX ADR 12.72 ▲ 2.13% PETROBRAS ADR 17.94 ▲ 0.31% VALE ADR 14.58 ▲ 2.82% ITAU ADR 8.56 ▲ 1.00% SANTANDER BR 5.41 ▲ 1.12% AMBEV ADR 3.09 ▲ 0.98% CSN 1.03 ▼ 0.49% GERDAU 4.59 ▲ 2.23% LATAM ADR 53.28 ▼ 0.09% BTC 64,579 ▲ 3.76% ETH 1,878 ▲ 5.89% SOL 77.38 ▲ 3.36% XRP 1.12 ▲ 5.03% BNB 581.01 ▲ 2.54% ADA 0.16 ▲ 4.11% DOGE 0.07 ▲ 3.51% AVAX 6.67 ▲ 3.50% LINK 8.28 ▲ 5.17% DOT 0.85 ▲ 1.49% LTC 44.98 ▲ 3.43% BCH 237.01 ▲ 0.33% TRX 0.33 ▲ 0.33% XLM 0.19 ▲ 2.81% HBAR 0.07 ▲ 0.11% NEAR 2.02 ▲ 5.44% ATOM 1.56 ▲ 1.50% AAVE 98.90 ▲ 4.81% SELIC 14.25% EMBRAER 82.90 ▼ 0.13% EMBRAER ADR 65.40 ▲ 1.42% JBS 11.87 ▲ 0.59% JBS BDR 60.15 ▼ 0.76% MBRF3 16.17 ▲ 2.86% MBRFY 3.11 ▲ 1.97% INTER 5.67 ▲ 0.27% EGX 52,299 ▼ 0.59% USD/ZAR 16.38 ▼ 0.50% USD/NGN 1,381 ▲ 0.20% NIKKEI 67,744 ▲ 0.74% CSI300 4,797 ▲ 2.15% HSI 24,341 ▲ 0.52% NIFTY 24,052 ▼ 0.66% KOSPI 6,857 ▲ 0.73% JCI 6,040 ▲ 0.03% USD/JPY 162.17 ▼ 0.16% USD/CNY 6.7624 ▼ 0.13% DAX 25,147 ▲ 0.13% CAC 8,367 ▲ 0.03% FTSE 10,529 ▲ 0.30% MIB 52,863 ▲ 0.10% IBEX 19,357 ▲ 0.11% STOXX 642.10 ▲ 0.17% EUR/USD 1.1429 ▲ 0.37% GBP/USD 1.3383 ▲ 0.25% SPX 7,546 ▲ 0.40% DJI 52,513 ▲ 0.03% NDX 29,594 ▲ 1.13% RUT 2,964 ▲ 0.36% TSX 35,316 ▲ 0.18% VIX 16.42 ▼ 4.31% USD/CAD 1.4066 ▼ 0.61% US10Y 4.5890 ▼ 0.43%
since 2009
Tuesday, July 14, 2026

Opinion: The Curmudgeon’s CK Syndrome

By · November 3, 2016 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Opinion by Michael Royster

RIO DE JANEIRO, BRAZIL – The Curmudgeon begs leave of his readers, particularly those in or from the USA, to point out that yesterday, the Day of the Dead, an historic event occurred. The Chicago Cubs (or Kubs, as we’ll call them—read on) won the World Series!

One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
Michael Royster, aka The Curmudgeon.
Michael Royster, aka The Curmudgeon.
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Well, actually, it was already 12:45 AM in today’s morning, November 3rd, when the final out of the final game actually occurred. But who’s going to quibble with minute details after a wait of 108 years?

The Curmudgeon became a Yankee fan as a child living in New York. When the family moved to the Chicago area, still a child and Yankee fan, he learned to hate the White Sox who sought to overturn the long-established Yankee hegemony over the American League.

But Chicago had another team, the Cubs, from the National League, whose raison d’être was to supply a team the Yankees could and would routinely thrash in the World Series. The Cubs were cute and cuddly and … incompetent, not having won anything for decades.

So, the Curmudgeon became a sort of Cubs fan, particularly when they played the Giants and the Dodgers—once New York teams who had set out for the West Coast. The Curmudgeon hated both because they had had the effrontery to challenge the Yankees for supremacy in New York City.

All change. In 2016, the Cubbies grew up, winning 103 games in the season, the most of any team in either league. In the post-season, they became the CK team. “CK” can be short for Comeback Kubs, as the Cubbies came back from almost certain defeat to the Giants and the Dodgers to win their way into the World Series.

CK also is short for, arguably, the two best pitchers in baseball today: Clayton Kershaw of the Dodgers and Cory Kluber of the Cleveland Indians. The Dodgers tried to ride Kershaw’s arm into the Series, but the Comeback Kubs won out. The Indians tried with Kluber’s arm, but the Comeback Kubs won out.

The Curmudgeon failed to mention above that he also used to hate the Cleveland Indians, because in 1954 his Yankees won 103 games in the season, but Cleveland won an astonishing 111 games to clinch the American League pennant—of course, not being the Yankees, they lost the World Series to the Giants.

In this CK year, notwithstanding the abysmal performance by his beloved Yankees, the Curmudgeon is feeling vindicated. The Comeback Kubs, acting (unbeknownst to themselves) as surrogates and doppelgangers for the Bronx Bombers, defeated the three MLB teams the Curmudgeon most wants to see lose. Curmudgeonly Kudos!

Cue music: “Happy days are here again!” All is right with the world and the Curmudgeon can now happily wait for next year when, if there is any justice, the New York Yankees will once again prevail over all comers.

The Curmudgeon will return to his usual haunts after the symptoms of the CK Syndrome begin to decline.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.