This post is an excerpt from our Nov 17th report to Variant Perception (VP) clients (link to original report), digging into lesser-followed country-specific themes across EMs. Mexico: political risk unlikely to derail longer-term outlook We still view Mexico and LatAm in general as a good structural bet given attractive capital cycle dynamics. Political risks remain but are likely overstated given AMLO’s track record.
Great post. Regarding Mexico's resilient industrial production: a large part of this has to do with Tren Maya (the large infrastructure project on the Yucatan peninsula). Just a bit more context.
Great post. Regarding Mexico's resilient industrial production: a large part of this has to do with Tren Maya (the large infrastructure project on the Yucatan peninsula). Just a bit more context.