Analyst Pin-board Mexico. Ola, como esta?
- Since most Mexicans do not own stock, they do not really care about markets.
- What is most important is purchasing power/ price of goods. In the current environment it has become crucial.
- Mexico had 31.9 million international tourists in 2021, 31% more than in 2020.
This writer was in Mexico recently. Hence this note will focus on our meetings with various people that we met there. The main Mexican Stock Index is down almost 16% from its top in early April (Figure 1).
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