South America is in the "sweet spot" of the spectrum of economic growth.

The IMF’s growth forecast for real economic growth in the Latin American and Caribbean region, now stands at brisk but sustainable 4.6% for this year and 4.1% for 2012.

On the other hand, the IMF whacked 30 basis points off this year’s estimate of the U.S. economy and downgraded its 2012 economic growth fore- cast by 20 basis points. That left the United States with anemic growth estimates of 2.5% for the current year and 2.7% for 2012.

As for the high-growth Asian region, the IMF cautioned that economies with high levels of output— like Asia--should place a priority on adopting "tightening" policies to avoid boom-or-bust cycles.

So, with its brisk and stable growth prospects, Latin America may offer the prospect of a "Goldilocks" tradeoff between growth and risk.

Read more in the attached weekly update and ...

Happy trading this week!

Rudy