CNBC contributor Caruso-Cabrera stated that the region's stock markets, as measured by the iShares Latin America 40 ETF (ILF), have risen 15% year-to-date, outperforming the S&P 500's 11% gain. Ernesto Revilla, Citi's Chief Latin America Economist, noted that factors such as a weaker dollar, stronger commodities, favorable geopolitics, and the rise of pro-business reformist leaders position the region for higher growth. Danny Osorio, CEO of Andes Capital Advisors, added that private capital inflows have re-energized, with funds returning to Colombia, Peru, Ecuador, and Argentina. European investors' commitments to Latin American equities in 2026 have exceeded the total of the past 16 years combined. Brazilian digital bank Nu received an "Overweight" rating from Morgan Stanley with a price target of $21. The first round of Brazil's presidential election will be held on October 4, with the latest polls showing pro-business candidate Flavio Bolsonaro neck and neck with incumbent President Luiz Inácio Lula da Silva.