Mexico ETF Lives Up to Its Symbol

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I’ve been mentioning ideas related to being short south-of-the-border stuff for a number of weeks, such as Brazil (EWZ) and Mexico (EWW), shown below. Even on a day like this, in which all the U.S. indices are way in the green, and the Russell is up nearly 3%, seeing Mexico down over 2% is gratifying. This is a very broken chart.