Economists may not use the word "cri-sis" to describe Latin America's plight, but falling commodity prices, political scandals and fears of shock waves from a U.S. interest rate hike have turned the region into one of the worst performers among the world's emerging markets. "The region is kind of in the doghouse," says Axel Christensen, BlackRock's Santiago, Chile-based chief investment strategist for Latin America.
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