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Kelsey Butler

@itskelseybutler.bsky.social
2.1K followers 247 following 78 posts

Bloomberg News emerging markets reporter, focused on Mexico. Reality TV and Yankees super fan. Rooting for everybody Black. Email: kbutler55@bloomberg.net

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Kelsey Butler @itskelseybutler.bsky.social · 23h
NEW: Mexican companies are tapping the local bond market at a record clip as lower interest rates at home, looming maturities and a growing pool of institutional capital spur deals. 🎁🔗 tinyurl.com/2d3r86pb
tinyurl.com
Mexico Local Bond Sales Hit Record as Companies Rush to Market
Mexican companies are tapping the local bond market at a record clip as lower interest rates at home, looming maturities and a growing pool of institutional capital spur deals.
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Kelsey Butler @itskelseybutler.bsky.social · 12/07/2026
MY LATEST: Mexican finance officials are exploring the possibility of creating an umbrella-financing package for renewable-energy projects that could be supported by more than $4 billion from development bank Banobras, the bank’s head said. www.bloomberg.com/news/article...
bloomberg.com
Mexico Readies $4 Billion in Financing to Back Energy Projects
Mexican finance officials are exploring the possibility of creating an umbrella-financing package for renewable-energy projects that could be supported by more than $4 billion from development bank Ba...
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Kelsey Butler @itskelseybutler.bsky.social · 01/07/2026
NEW: Top officials from Mexican President Claudia Sheinbaum’s government have met with asset managers including BlackRock, KKR and Macquarie Asset Management as her country looks to jump-start private investment in infrastructure development. www.bloomberg.com/news/article...
bloomberg.com
Mexico Courts BlackRock, KKR to Ramp Up Infrastructure Projects
Top officials from Mexican President Claudia Sheinbaum’s government have met with asset managers including BlackRock Inc., KKR & Co. and Macquarie Asset Management as her country looks to jump-sta...
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Kelsey Butler @itskelseybutler.bsky.social · 08/06/2026
MY LATEST: In Mexico City, the executives have arrived from the likes of Blue Owl, Ares and Golub Capital, all seeking a rare prize: a large pot of untapped money. Mexican pension funds represent a $500 billion opportunity for the biggest alternatives firms. (🎁🔗) tinyurl.com/yuprrzxk
tinyurl.com
Blue Owl, Ares Court Mexico’s $500 Billion Pension Fund Windfall
In Mexico City, the executives have arrived from the likes of Blue Owl Capital Inc., Ares Management Corp. and Golub Capital, all seeking a rare prize: a large pot of untapped money.
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Kelsey Butler @itskelseybutler.bsky.social · 05/06/2026
EXCLUSIVE: Fibra Soma, the owner of luxury real estate assets including Mexico City’s Soho House, plans to snap up as much as $800 million of property over the next two quarters as it shifts from developing projects to expanding through acquisitions. www.bloomberg.com/news/article...
bloomberg.com
Mexico Soho House Owner Plans $800 Million in Acquisitions
Fibra Soma, the owner of luxury real estate assets including Mexico City’s Soho House, plans to snap up as much as $800 million of property over the next two quarters as it shifts from developing proj...
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Kelsey Butler @itskelseybutler.bsky.social · 01/06/2026
BIDDING WAR OVER: Real estate investment trust Fibra MTY won the bidding war for peer Fibra Macquarie, creating one of the largest REITs in Mexico with combined assets of about $6.5 billion. tinyurl.com/4brkxk9f
tinyurl.com
Mexico’s Fibra MTY to Buy Fibra Macquarie in $1.7 Billion Deal
Real estate investment trust Fibra MTY won the bidding war for peer Fibra Macquarie, creating one of the largest REITs in Mexico with combined assets of about $6.5 billion.
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Kelsey Butler @itskelseybutler.bsky.social · 16/04/2026
RALLY HALTED? -- Yearly reviews of the North American trade pact, a scenario that has become the base case to many in Mexico, would put a drag on one of the best currency rallies in emerging markets, according to BBVA Mexico. (Gift link) tinyurl.com/apf7pmyu
tinyurl.com
USMCA Annual Review Risks Halting Mexican Peso Rally, BBVA Says
Yearly reviews of the North American trade pact, a scenario that has become the base case to many in Mexico, would put a drag on one of the best currency rallies in emerging markets, according to BBVA...
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Kelsey Butler @itskelseybutler.bsky.social · 01/04/2026
NEW: One of the largest players in Mexico’s booming pension fund system is eyeing more investments in the country’s financial sector after purchasing a stake in Citigroup Inc.’s retail bank Grupo Financiero Banamex. tinyurl.com/n23hyecc
tinyurl.com
Mexico Pension Giant Afore Sura Sees Banamex Deal as One of Many in Sector
One of the largest players in Mexico’s booming pension fund system is eyeing more investments in the country’s financial sector after purchasing a stake in Citigroup Inc.’s retail bank Grupo Financier...
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Kelsey Butler @itskelseybutler.bsky.social · 19/03/2026
MY LATEST: Two Mexican real estate investment trusts have said they plan to bid for peer Fibra Macquarie (which has a nearly $2b market cap), one day after Fibra Prologis shareholders signed off on plans to buy it. (Gift link below!) tinyurl.com/y53mcb6y
tinyurl.com
Mexico’s Fibra Macquarie Set for Bidding War Amid New Offers
Two Mexican real estate investment trusts have said they plan to bid for peer Fibra Macquarie, one day after Fibra Prologis shareholders signed off on plans to buy it.
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Kelsey Butler @itskelseybutler.bsky.social · 05/03/2026
SCOOP: A pair of US companies plans to install electric-vehicle chargers in Mexico’s central region as part of a $500 million investment pact, the latest example of international investors betting on the country’s growing EV sector.🔌Gift link here: tinyurl.com/2xvfdd3z
tinyurl.com
Mexico Gets $500 Million EV Charging Boost as Investment Rises
A pair of US companies plans to install electric-vehicle chargers in Mexico’s central region as part of a $500 million investment pact, the latest example of international investors betting on the cou...
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Kelsey Butler @itskelseybutler.bsky.social · 24/02/2026
NEW (with some on the ground reporting from me): Despite assurances from Claudia Sheinbaum that Mexico was returning to normal after a weekend of cartel violence, many vacationers to Puerto Vallarta still faced canceled flights & shelter-in-place warnings. www.bloomberg.com/news/article...
bloomberg.com
Mexico Visitors Shaken as Cartel Death Fuels Travel Chaos
Despite assurances from President Claudia Sheinbaum and her security minister Monday that Mexico was returning to normal after a weekend of cartel violence, many vacationers to Puerto Vallarta and oth...
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Kelsey Butler @itskelseybutler.bsky.social · 12/02/2026
MY LATEST: Petroleos Mexicanos is back to borrowing in pesos for the first time in six years, a move that some investors say could usher in the busiest season for Mexico's local debt markets in at least two decades. tinyurl.com/2r3rf885
tinyurl.com
Local Debt Revival in Mexico Starts With $1.8 Billion Pemex Deal
Petroleos Mexicanos is back to borrowing in pesos for the first time in six years, a move that some investors say could usher in the busiest season for local debt markets in at least two decades.
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Kelsey Butler @itskelseybutler.bsky.social · 11/02/2026
Another busy day covering MXN! The rally that has sent the Mexican peso to the highest in almost two years hit a bump on Wednesday as US President Donald Trump was said to be musing an exit from the North American trade pact. (Gift link to the full story!) tinyurl.com/y4t7f4ye
tinyurl.com
Mexico Peso’s Rally Stalls as Trump Reignites Trade Angst
The rally that has sent the Mexican peso to the highest in almost two years hit a bump on Wednesday as US President Donald Trump was said to be musing an exit from the North American trade pact.
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Kelsey Butler @itskelseybutler.bsky.social · 10/02/2026
NEW: Donald Trump’s immigration crackdown and the fast-strengthening peso are putting additional pressure on Mexico’s economy by slowing the flow of money into the country. Gift link here! www.bloomberg.com/news/article...
bloomberg.com
Trump Immigration Policies, Peso to Drag Down Remittances
Donald Trump’s immigration crackdown and the fast-strengthening peso are putting additional pressure on Mexico’s economy by slowing the flow of money into the country.
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Kelsey Butler @itskelseybutler.bsky.social · 22/12/2025
MY LATEST: An unprecedented flood of support from Mexico’s government this year led to a windfall for Pemx debt investors. Gift link! tinyurl.com/bdch2922
tinyurl.com
Mexico’s $41 Billion Debt Binge Made Pemex Best Bond in Latam
An unprecedented flood of support from Mexico’s government this year led to a windfall for Petroleos Mexicanos debt investors.
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Kelsey Butler @itskelseybutler.bsky.social · 05/12/2025
MY LATEST: Vanguard, one of the world’s biggest asset managers, plans to triple the size of its Miami team and expand elsewhere in the US to cater to Latin Americans looking to move more of their wealth offshore. (gift link!) www.bloomberg.com/news/article...
bloomberg.com
Vanguard Plans Miami Expansion to Tap More Latin American Wealth
Vanguard, one of the world’s biggest asset managers, plans to triple the size of its Miami team and expand elsewhere in the US to cater to Latin Americans looking to move more of their wealth offshore...
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Kelsey Butler @itskelseybutler.bsky.social · 21/11/2025
SCOOP: Mexican real estate investment trust Nearshoring Experts & Technology SC raised as much as 7.34 billion pesos ($398 million) in a share sale backed primarily by domestic investors. www.bloomberg.com/news/article...
bloomberg.com
Fibra Next Raises $398 Million in Downsized Share Sale
Mexican real estate investment trust Nearshoring Experts & Technology SC raised as much as 7.34 billion pesos ($398 million) in a share sale backed primarily by domestic investors.
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Reposted by Kelsey Butler
Parke Wilde @parkewilde.bsky.social · 19/09/2025
I spoke with @itskelseybutler.bsky.social at Bloomberg today about cane sugar, corn syrup, and the Mexico SSB tax: “You can’t think of a sugar sweetened beverage tax as a cure for all our public health nutrition ills, but it’s one piece of the recipe for success.” www.bloomberg.com/news/newslet...
bloomberg.com
Do Taxes on Sugary Drinks Reduce Consumption?
Hey, it’s Kelsey in Mexico City, where the federal government recently pitched a hike on a sugary drinks tax to boost public health. More on that in a moment, but first ...
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Reposted by Kelsey Butler
Crayton Harrison @crayton.bsky.social · 10/07/2025
Bad Bunny's residency on his home island is going to pump about $181 million into the Puerto Rican economy, @jimwyss.bsky.social @itskelseybutler.bsky.social report. Gift link: www.bloomberg.com/news/article...
bloomberg.com
The Bad Bunny Bump: Star’s Residency Boosts Puerto Rican Economy
Fans are booking flights and hotel rooms to catch the star’s 30-show summer stay in his island home.
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Kelsey Butler @itskelseybutler.bsky.social · 06/06/2025
For a company drowning in debt, Pemex is enjoying a rare wave of investor optimism. Buyers are snapping up the driller’s bonds, betting President Claudia Sheinbaum can stabilize its finances and restore credibility for the state-owned giant. (Gift link) www.bloomberg.com/news/article...
bloomberg.com
Investors Bet Sheinbaum Can Rescue Pemex Where Others Failed
For a company drowning in debt, Petroleos Mexicanos SA is enjoying a rare wave of investor optimism. Buyers are snapping up the driller’s bonds, betting President Claudia Sheinbaum can stabilize its f...
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Kelsey Butler @itskelseybutler.bsky.social · 28/05/2025
It’s a Mexico election unlike any other. No sports stadiums packed with the party faithful. The smiling faces of normally omnipresent candidates almost completely absent on TV. But the stakes couldn’t be higher. Gift link for a banger of a story by Maya Averbuch, Alex Vasquez: tinyurl.com/5n97eaxk
tinyurl.com
Mexico’s Judicial Reform Is Now In the Hands of Confused Voters
Lea la nota en español
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Kelsey Butler @itskelseybutler.bsky.social · 28/05/2025
NEW: Mexican stocks surged to an all-time high this week, buoyed by a post-Liberation Day bounce and tracking a broader rally in Latin American equities. (Gift link) tinyurl.com/3z65det8
tinyurl.com
Mexico Stocks Hit Record as Tariff Respite Boosts Risky Assets
Mexican stocks surged to an all-time high on Tuesday, buoyed by a post-Liberation Day bounce and tracking a broader rally in Latin American equities.
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Kelsey Butler @itskelseybutler.bsky.social · 22/05/2025
Having the week from hell, and rain for Beyoncé + Memorial Day weekend is really going to be the last straw for me… 😤
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Kelsey Butler @itskelseybutler.bsky.social · 20/05/2025
NEW: A Republican proposal to tax remittances would deliver an economic blow to some of the US’s poorest neighbors, including a close ally of Trump. One think tank conservatively estimates it could lead to a 10% drop in volume of remittances sent. (Gift link) tinyurl.com/27km4pwc
tinyurl.com
Remittance Tax Plan Poses Threat to US Allies in Central America
A Republican proposal to tax remittances would deliver an economic blow to some of the US’s poorest neighbors, including a close ally of President Donald Trump.
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Kelsey Butler @itskelseybutler.bsky.social · 12/05/2025
Some news ⬇
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Kelsey Butler @itskelseybutler.bsky.social · 12/05/2025
PROFESSIONAL NEWS: I’ve changed jobs at Bloomberg, and am now on the emerging markets team, focusing on Mexico. I’ll be relocating to CDMX later this year. Excited to contribute to our newsroom’s Latin America coverage during an especially interesting time in the region!
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Kelsey Butler @itskelseybutler.bsky.social · 06/05/2025
NEW: As US President Donald Trump and leaders in other wealthy nations crack down on immigration, this crucial pipeline of cash is now at risk of dwindling. Markets mag story with Swati Gupta, Saijel Kishan & yours truly! (Gift link) www.bloomberg.com/news/feature...
bloomberg.com
Immigration Crackdowns Put an $800 Billion Lifeline at Risk
From India to Mexico, cash remittances from workers abroad are vital to local economies.
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Kelsey Butler @itskelseybutler.bsky.social · 05/05/2025
MY LATEST: What does it look like to work in the most politicized corner of corporate America? Attacks on diversity, equity and inclusion programs are forcing workers to rebrand, shift focus and reimagine the industry’s future. (Gift link) tinyurl.com/bdfcjbp4
tinyurl.com
Demonized by Trump, DEI Professionals Go ‘Discreet’ to Find Jobs
Attacks on diversity, equality and inclusion programs are forcing workers to rebrand, shift focus and reimagine the industry’s future.
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Reposted by Kelsey Butler
Julie Kashen @kashenj.bsky.social · 28/04/2025
I had the chance to talk to @itskelseybutler.bsky.social at @bloomberg.com: “It feels pretty out of touch. The bottom line is that if you want to solve the problem of helping people to want to have more babies, there are a lot of other things you need to solve for.” www.bloomberg.com/news/newslet...
bloomberg.com
Trump Says a $5,000 Baby Bonus Is a ‘Good Idea’ But Will It Work?
A monetary gift after having a baby outweighs flowers — but experts question whether it increases the fertility rate.
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Kelsey Butler @itskelseybutler.bsky.social · 24/04/2025
NEW: In a survey of dozens of corporate executives across various sectors roughly 2 in 5 said they were scaling back Pride Month engagement in 2025 compared to previous years. (Gift link) tinyurl.com/5n7u27vy
tinyurl.com
Pride Groups Scramble to Fundraise as Corporate Sponsors Lag
Parade organizers in US cities are turning to local businesses and residents to fill funding gaps. But they haven’t given up on wooing corporate partners.
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Kelsey Butler @itskelseybutler.bsky.social · 27/03/2025
The Trump administration has made transgender rights a central policy issue, restricting gender identity recognition, and banning trans athletes from competing according to their gender identity. This @bloomberglaw.com report breaks down the latest: news.bloomberglaw.com/us-law-week/...
news.bloomberglaw.com
Transgender Rights Under Trump: Policy Battles and Legal Fights
The Trump administration’s stance on transgender rights impact gender identity recognition, healthcare, sports participation, and bathroom access. The backlash is happening alongside historic mileston...
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Reposted by Kelsey Butler
Anne Cronin @annecronin.bsky.social · 25/03/2025
Trump says that he wants to lower the cost of IVF treatments. How could he do this? @itskelseybutler.bsky.social dives in > www.bloomberg.com/news/newslet...
bloomberg.com
Breaking Down the Sky-High Cost of IVF Treatments
Hi, it’s Kelsey in New York, where a recent presidential executive order got me thinking. More on that in a moment, But first ...
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Kelsey Butler @itskelseybutler.bsky.social · 21/03/2025
NEW: The State Department canceled a key meeting with executives from some of the country’s biggest companies to discuss combating human rights abuses in global supply chains, citing Trump’s efforts to streamline the government. (Gift link!) tinyurl.com/mru339ym Story w/ @deenashanker.bsky.social
tinyurl.com
State Department Calls Off Advisory Meeting on Child Labor
The US Department of State canceled a key meeting with executives from some of the country’s biggest companies, as well as labor advocates, academics and other experts, to discuss combating human righ...
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Reposted by Kelsey Butler
Anne Cronin @annecronin.bsky.social · 18/03/2025
SCOOP > RFK Jr is meeting with baby formula makers today, after he's said he's concerned about toxic metals in formula. By @rachelcohrs.bsky.social Madison Muller @annaedney.bsky.social & @itskelseybutler.bsky.social www.bloomberg.com/news/article...
bloomberg.com
RFK Jr.’s Next Targets Are Companies Making Baby Formula
Health and Human Services Secretary Robert F. Kennedy Jr. is planning to meet Tuesday with executives of companies that make infant formula in the US, according to people familiar with the roundtable ...
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Reposted by Kelsey Butler
Robert Jameson @rhjameson.bsky.social · 14/03/2025
First Inflation, Now Tariffs: Low-Income Americans Can’t Catch a Break After a respite last year, prices of goods are back on the rise. www.bloomberg.com/news/article... via @bloomberg.com Augusta Saraiva @itskelseybutler.bsky.social Lily Meier
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Kelsey Butler @itskelseybutler.bsky.social · 14/03/2025
TODAY at 1 pm NY time, I'll be chatting with colleagues Augusta Saraiva, Michael Hirtzer & Molly Smith about how low-income consumers can't catch a break from inflation and tariffs. Bloomberg subscribers can ask us questions live. Tune in! www.bloomberg.com/sessions/202...
bloomberg.com
Live Q&A: Low-Income Consumers Can’t Catch a Break From Inflation and Tariffs
Bloomberg reporters answer questions about how low-income consumers are disproportionately affected by Trump’s tariffs and persistent inflation.
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Kelsey Butler @itskelseybutler.bsky.social · 12/03/2025
MY LATEST: “I think we get paid just enough money to take care of our needs, and sometimes we have to sacrifice on that as well.” How low-income Americans are faring today in the US. (Gift link!) tinyurl.com/3x547kds
tinyurl.com
First Inflation, Now Tariffs: Low-Income Americans Can’t Catch a Break
After a respite last year, prices of goods are back on the rise.
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Kelsey Butler @itskelseybutler.bsky.social · 26/02/2025
Statement from AP, Bloomberg News, Reuters on White House press pool access: "It is essential in a democracy for the public to have access to news about their government from an independent, free press." www.ap.org/the-definiti...
ap.org
Statement from AP, Bloomberg News, Reuters on White House press pool access  | The Associated Press
The Associated Press, Bloomberg News and Reuters on Wednesday issued this joint statement: The three permanent wires in the White House pool, The
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Kelsey Butler @itskelseybutler.bsky.social · 26/02/2025
MY LATEST: New fathers are more likely to be eligible for state paid parental leave programs but less likely to take the time off, leaving as much as $1.6 billion on the table annually in New York alone, according to a new report. (Gift link) tinyurl.com/yckep2ns
tinyurl.com
New York Dads Forgo $1.6 Billion in Paid State Leave, Study Says
New fathers are more likely to be eligible for state paid parental leave programs but less likely to take the time off, leaving as much as $1.6 billion on the table annually in New York alone, accordi...
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Kelsey Butler @itskelseybutler.bsky.social · 25/02/2025
ICYMI: New data from @glassdoor.bsky.social shows that community posts on DEI have nearly quadrupled compared with the same period a year ago. At the same time, the number of comments under each one has tripled. www.bloomberg.com/news/newslet...
bloomberg.com
Employees Flock Online to Ask Peers About Diversity Amid DEI Confusion
Kelsey Butler is a reporter for Bloomberg News’ Equality team. She covers topics ranging from abortion, child care and workplace policies to Black wealth and the economy. You can subscribe here, and s...
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Reposted by Kelsey Butler
Bloomberg News @bloomberg.com · 22/02/2025
A federal judge in Baltimore preliminarily halted the Trump administration from enforcing portions of the president’s sweeping executive orders targeting diversity, equity, and inclusion programs that it considers illegal and discriminatory.
bloomberg.com
Trump DEI Orders Mostly Blocked in Diversity Officers Challenge
A federal judge in Baltimore preliminarily halted the Trump administration from enforcing portions of the president’s sweeping executive orders targeting diversity, equity, and inclusion programs that...
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Reposted by Kelsey Butler
Tech Insider @tech-insider.bsky.social · 19/02/2025
Bobbie's rise amidst the baby formula crisis shows agility in a broken supply chain. Smart move tapping into the online parent community! 💪👶 #Innovation #SupplyChain #StartupSuccess
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Kelsey Butler @itskelseybutler.bsky.social · 18/02/2025
MY LATEST: Baby formula company Bobbie has built a cultlike following among online parents—one TikTok post and can of organic formula at a time. (Gift link) www.bloomberg.com/news/article...
bloomberg.com
The Startup That Stepped In When the Baby Formula Supply Chain Broke
Bobbie has built a cultlike following among online parents—one TikTok post and can of organic formula at a time.
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Reposted by Kelsey Butler
Robert Jameson @rhjameson.bsky.social · 18/02/2025
Businessweek | Industries The Startup That Stepped In When the Baby Formula Supply Chain Broke Bobbie has built a cultlike following among online parents—one TikTok post and can of organic formula at a time. www.bloomberg.com/news/article... via @bloomberg.com @itskelseybutler.bsky.social
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Kelsey Butler @itskelseybutler.bsky.social · 13/02/2025
MY LATEST: More than 350 government web pages related to the LGBTQ community have been deleted from federal government websites, according to a report published Thursday by the Center for American Progress. www.bloomberg.com/news/article...
bloomberg.com
‘Page Not Found’: Over 350 LGBTQ Government Web Pages Vanish
If a teacher wanted to find guidance in early January on how to support LGBTQ students, they could have accessed a government website for resources. That web page no longer exists.
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Kelsey Butler @itskelseybutler.bsky.social · 12/02/2025
If you’ve been impacted by this rule change, would love to hear from you—email me at kbutler55 at bloomberg dot net for Signal/mobile info!
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Kelsey Butler @itskelseybutler.bsky.social · 11/02/2025
NEW: US State Department workers reviewing the passport applications of transgender people have been ordered to automatically categorize them as male or female based on evidence of their “biological sex at birth.” (No paywall!) tinyurl.com/34x2ucbh
tinyurl.com
Rubio Orders Staff to Assign Sex to Trans Passport Applicants
US State Department workers reviewing the passport applications of transgender people have been ordered to automatically categorize them as male or female based on evidence of their “biological sex at...
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Kelsey Butler @itskelseybutler.bsky.social · 10/02/2025
NEW: After campaigning against what he called “transgender lunacy," Donald Trump has issued a number of executive orders aimed at restricting the rights and options of people who identify as transgender. Catch up here. (Gift link) www.bloomberg.com/news/article...
bloomberg.com
A Guide to the Fight Over Transgender Rights Under Trump
After campaigning against what he called “transgender lunacy” in his successful bid for a second term as US president, Donald Trump has issued a number of executive orders aimed at restricting the rig...
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Reposted by Kelsey Butler
Crayton Harrison @crayton.bsky.social · 09/02/2025
Many of the people waiting to cross the border, some with appointments for asylum hearings, are now stranded. The shelters that received US aid to provide for them are now cut off. It’s a double whammy. Maya Averbuch went to Juarez for this report. Gift link: www.bloomberg.com/news/feature...
bloomberg.com
Thousands Adrift at the Border Lose Their US Financial Lifeline
Stranded migrants and a foreign-aid freeze are squeezing Mexican cities that are also anticipating the arrival of deportees
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Kelsey Butler @itskelseybutler.bsky.social · 06/02/2025
ICYMI: Three of New York’s most prominent hospitals are curbing gender affirming care for minors after President Donald Trump’s executive orders put at risk billions of dollars in federal funding. (Gift link!) tinyurl.com/42keebmu
tinyurl.com
NYC Hospitals Halt Some Gender Affirming Care After Trump Order
Three of New York’s most prominent hospitals are curbing gender affirming care for minors after President Donald Trump’s executive orders put at risk billions of dollars in federal funding.
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