The Risk of Contagion of a full-blown Mexican crisis is far greater today than it was during the Tequila Crisis 22 years ago.
This does not bode well for price trends over the next 12 months.
Mexico’s ATM is stewing in a toxic mix.
The Hot Money returns, bets on Oil Nirvana.
Demand-driven price rallies are more sustainable, but that’s not what we have today.
It’s not just the oil bust.
Auto Sales, Construction Get Totally Crushed.
The flood of new money began re-surging.
He put his money where his mouth is.
Mexico could face its worst fiscal and financial crisis in decades.