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Author: Starrob Big funky green star, 20000 posts Top Favorite Fools Old School Fool Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 825  
Subject: The Comeback Latin American Economy: Mexico Date: 8/28/2012 3:46 AM
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"Ask the average American what they think of Mexico and the words violence and drug cartels are likely to be at the forefront of the conversation. Or possibly, export-oriented businesses on the border sending cheap goods to the United States. Even investors may only remember the brutal 6 percent contraction in Mexico's GDP in 2009.

But from an investment viewpoint today, a very different Mexico appears. What appears is an economy that is expected to grow at nearly a 4 percent rate this year, nearly double the country's average annual growth rate of the past decade. There are even some stock market analysts who believe that Mexico will overtake Brazil as Latin America's largest economy before the end of the decade. For equity investors, the Mexican stock market bull has charged ahead this year, bursting through the 40,000-level for the first time ever in June and which hit an all-time high in July."


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