Mexico Erosion Continues
Via the symbol EWW, we can see how badly Mexico has lagged the rest of the new-highs-every-day world of equities…
(Click on image to enlarge)
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.
(Click on image to enlarge)
Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...
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