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Mexican Stock Market Back To All Time Highs

Tyler Durden's picture




Presented without commentary. Just don't call it a bubble.




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Thu, 01/07/2010 - 13:22 | Link to Comment Dogfather
Dogfather's picture

Ay, caramba!!

Thu, 01/07/2010 - 14:02 | Link to Comment Anonymous
Thu, 01/07/2010 - 13:26 | Link to Comment trav7777
trav7777's picture

Did drug cartels IPO?

Thu, 01/07/2010 - 13:28 | Link to Comment john_connor
john_connor's picture

looks fairly valued to me with good prospects moving forward.  I expect a solid risk free 10% return for the next 50 years.

lmao

Thu, 01/07/2010 - 13:33 | Link to Comment asdf
asdf's picture

It's not a bubble. Last year was just an error in the matrix.

Thu, 01/07/2010 - 13:33 | Link to Comment docj
docj's picture

Another round of Coronas, lads.  It's time to Party like it's 1999!

Thu, 01/07/2010 - 13:52 | Link to Comment GoldSilverDoc
GoldSilverDoc's picture

The question is, which currency should I short the peso AGAINST?  

Thu, 01/07/2010 - 14:06 | Link to Comment Mad Max
Mad Max's picture

Look at your username and pick one of the first two options.

Thu, 01/07/2010 - 14:14 | Link to Comment Anonymous
Thu, 01/07/2010 - 15:09 | Link to Comment DosZap
DosZap's picture

Too bad there was not a market for that................

We could all be rich.................

Thu, 01/07/2010 - 13:53 | Link to Comment Anonymous
Thu, 01/07/2010 - 13:56 | Link to Comment Anonymous
Thu, 01/07/2010 - 17:19 | Link to Comment ReallySparky
ReallySparky's picture

When I read one of the prospectus on one of the ETF's above, it was loaded with some form of collateral weapons of mass confusion. (Sorry not a wall street power broker here).  So my midwestern common sense kicked in, and I said to myself, if this bitch blows, and everybody's ticket is called, even if you account has doubled or tripled, what happens when the CDO, CDS and synthetic products are called due?  Will our government make good on that?  I think not, my little ass will recieve some e-mail stating that due to volitale market conditions my account is frozen and therefore I can not withdraw my funds.  No thanks on that gamble.

Thu, 01/07/2010 - 14:02 | Link to Comment Anonymous
Thu, 01/07/2010 - 17:27 | Link to Comment Anonymous
Thu, 01/07/2010 - 14:07 | Link to Comment Gilgamesh
Gilgamesh's picture

Looks like Peso hyperinflation is already being priced in.

From Jim Willie, predictions for the new year:

"Mexico fails as a state: The conditions in Mexico would become fully recognized and openly discussed. Two factors are front & center. The rise of the drug cartels in their control of the nation in numerous aspects is already global news. The unexpected net import of crude oil that ruins the nation's federal finances is not yet global news. The former has been understood, but the loss of oil exports takes the region by total surprise. Hyper-inflation then hits Mexico, which prints money to alleviate the federal budget shortfall. Chaos results on numerous levels. Supply disruption hits the US southern refineries. (chance: 70%)"

http://www.kingworldnews.com/kingworldnews/G+_Articles/Entries/2010/1/7_...

Thu, 01/07/2010 - 18:01 | Link to Comment trav7777
trav7777's picture

Export Land Model average time from peak to importer is 6 years...Britain and Indonesia are two recent data points.

Mexico's time is about up.  We are in Iraq for this very reason...Mexico was #3 import supplier.

Thu, 01/07/2010 - 14:07 | Link to Comment Mad Max
Mad Max's picture

They must have learned the tricks from the PPT.  Anyone got Mexican-insider-selling data?

Thu, 01/07/2010 - 14:08 | Link to Comment Anonymous
Thu, 01/07/2010 - 14:24 | Link to Comment ChickenTeriyakiBoy
ChickenTeriyakiBoy's picture

carlos slim make it rain

Thu, 01/07/2010 - 14:48 | Link to Comment Anonymous
Thu, 01/07/2010 - 15:08 | Link to Comment Assetman
Assetman's picture

Perhaps the Mexcian market is earning a relative moral hazard premium versus other kleptrocracies.

Turbo Timmy is feverishly trying to narrow that gap.

Thu, 01/07/2010 - 15:17 | Link to Comment Anonymous
Thu, 01/07/2010 - 15:48 | Link to Comment Anonymous
Thu, 01/07/2010 - 15:54 | Link to Comment alexdg
alexdg's picture

Nothing new here, move along. Mexico is an emerging market, it will rally to the sky. Dow at 11K tomorrow after jobs report.

Bless you all! http://www.youtube.com/watch?v=CklS8s0moVw&feature=related

Thu, 01/07/2010 - 17:04 | Link to Comment faustian bargain
faustian bargain's picture

"Una burbuja."

Thu, 01/07/2010 - 17:42 | Link to Comment Astute Investor
Astute Investor's picture

I don't always invest in bubbles, but when I do, Mexico is always my first choice....

Stay thirsty my friends!

 

 

 

 

 

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