posted on Oct, 10 2010 @ 06:49 AM
Mexico is a 'buy' - despite the violence
A small excerpt;
NEW YORK (CNNMoney.com) -- The Mexican stock market is going gangbusters this year despite a drug war that has claimed more than 28,000 lives.
The Mexican stock market's IPC Index has increased 6.7% year-to-date, outpacing the Dow Jones industrial average's 5% gain.
This is one of the factors that prompted John Lomax, emerging markets equity analyst for HSBC in London, to upgrade Mexico to an "overweight"
rating, in other words: "buy."
What do you think guys, I know its a little old but is America finally entering the sewers?
-Naeem