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Marcos Galperin, co-founder and chief executive officer of MercadoLibre Inc., listens during a Bloomberg Television interview on the sidelines of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Wednesday, July 10, 2019. MercadoLibre expects a turnaround in the country, Galperin said, rejecting the views of economists who have slashed their forecasts for the regions biggest economy. Photographer: Patrick T. Fallon/Bloomberg via Getty Images

Marcos Galperin, co-founder and chief executive officer of MercadoLibre Inc., listens during a Bloomberg Television interview on the sidelines of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Wednesday, July 10, 2019. MercadoLibre expects a turnaround in the country, Galperin said, rejecting the views of economists who have slashed their forecasts for the regions biggest economy. Photographer: Patrick T. Fallon/Bloomberg via Getty Images