Mexico Downgrade By S&P From BBB+ To BBB Means Everyone Get On The Bailout Train

If you needed a reason to buy today's deja vu listless and volumeless tape, here it is. Mexico cut by S&P from BBB+/A-2 to BBB/A-3. Outlook is "stable"... absent a hyperinflationary collapse. Expect a rebuttal from Goldman Sachs, which has been axed the wrong way for quite a while.

Comments

[etrader]

yawn indeed :-)

Any of those EWI Theroist or Faber's update notes  been sent to ZH yet?

That might wake a few.....

[Cursive]

Yeah, wake us up when it gets to "D".  We can make what's left of the coffee and laugh about the end of civilization.

[Anonymous]

Now I feel foolish about converting all my US dollars into Pesos.

[Anonymous]

Ay caramba, nos van a chingar!

[Astute Investor]

I prefer to get on the Love Train with the O'Jays...

[Tipo anónimo]

Los Mexicanos tienen todavía la opción de convertirse en parte del ALBA con sus creditos "Sucre" y su papito Ché Chivito.

[JackTheOffer]

Your downgrade says BBB, but there's si si si in your eyes.

[Kurtieboy]

S&P...who the hell are they?

[Anonymous]

Salvador and Poncho, who else?

[delacroix]

will this have any effect on the price of hookers?

[JohnKing]

donde esta mi peso?

[Rick64]

I am downgrading S&P to F-

[guccichanel]

I Love gucci and chanel. Some women do not mind buying replica handbags, while some women just love designer handbags if you can distinguish between good and bed from the replica handbag?you also can use low price get high quality enjoy?today use chanel handbag ?tomorrow carry gucci handbag?the day after tomorrow hermes handbad in your hand? this niceness all give the credit to low price?same argument you also can buyreplica watches?buy DVDslouis vuitton...

[mayerc]

What I read here is quite interesting. Just recently I began searching for information about Mexico and was a bit surprised to read this short post, but I'm happy that I did it after all.