By

The political scandal that saw President Petro's coalition implode and the de facto suspension of the reform process was little more than a tremor on the Colombian Richter scale. Now the earth is properly moving.

Despite opinion polls declaring we are heading for Armageddon, we see various stakeholders increasing the GDP outlook.

Colombia has one of the finest growing climates on planet earth, yet is continues to under-utilize the sun and rains that fall to create a greenhouse environment.

This is no Petro support message — he is no messiah — but, instead, a reality check. Are we in great shape? No. Are we disappearing down the plug hole ? No.

For April, unemployment was 10.7% — down from 11.2% a year ago — and there was a 3.5% increase (785k) in the number of people working year over year

What will the Gilinskis do with Nutresa? Will Carlos Ignacio remain with company? What will happen with the stock price?

Looking at macro indicators, one is left shaking their head as to what the central bank saw two weeks ago when it raised rates to 13.25%.

As a Director, I saw how hard Viva fought for its clients. As a passenger, I relished the experience. As a citizen, I am disgusted by what has now occurred.

Year over year Q1 GDP came in at 3.0% versus a consensus expectation of 3.5%, and the QoQ number of 1.4% actually beat the estimate of 1%.

With a dearth of economic data, attention has focused on the Bajo Cauca unrest.