Via the symbol EWW, we can see how badly Mexico has lagged the rest of the new-highs-every-day world of equities…
Taking the longer-term view, you can see a trendline going back nearly twenty years has been broken by this action, and I suspect Mexico is already in trouble. If heaven forbids, you get a general global downturn in equities, I suspect our friends south of the border will lead the way.
