Aurora Macro Strategies

AMF #83: What Happens in Caracas

January 9, 2026

Cross-AssetLatin AmericaVenezuela

Caracas is becoming a macro catalyst rather than a contained political story, with implications for oil, EM risk, and creditor positioning. Aurora explains what a Venezuela shock could mean across assets and why the market may be underprepared.

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AMF #83: What Happens in Caracas