Browsing Tag

Mexico

Mexico: Central bank to cut today

This analysis comes via Brown Brothers Harriman (I have bolded a few lines): Mexico's central bank is widely expected to cut its overnight rate by 25 bp today. That would bring it to 7.25%. Last month it delivered a 25 bp rate cut too.…

Is Mexico imploding?

I plan to visit Mexico early next month as I do at least one or twice every year. This year I question what awaits me as evidence that Mexico's economy and civil order is imploding mount. The latest strike against Mexico comes in its now…

Mexico’s economy is weakening

On Wednesday I posted an article that pointed out a largely positive review by Morgan Stanley of Mexico and their economy. Having noticed a negative bias in the article, I amended it to reflect the tone originally given in the Morgan…

Will Mexico suffer contagion?

While everyone seems to be shedding assets, Citigroup included, BBVA seems to be doing relatively well. If they are as strong financially as they indicate despite Spain's crashing economy, antitrust concerns aside, Banamex would be a good…

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