Mexico Is Hot, And One Bank Is Setting Up For A Rally
Posted on January 10, 2013 at 18:05 PM EST
Mexico has been soaring for months on the Daily World Map, thanks to renewed vigor among consumers in los Estados Unidos. IShares MSCI Mexico ETF (EWW) shows a 31.2% gain for the trailing 12 months. That puts Mexico's benchmark ETF (which yields 1% on its dividend) on top of the Daily World Map by that gauge. Mexico's economic activity jumped an annualized 4.33% in October, seasonally adjusted, the government said Thursday. That was more than most