Foreign Policy Blogs

Mexican Market Rebounds

After Monday's worst day of trading in eight years, Mexico's market rallied today (9/30) 933 points to 24888, or up nearly 4%, on fresh hopes of a restarted US government bailout to ease the strain in global credit markets.  Owing to extreme uncertainty in the markets, watch for an overly optimistic or pessimistic market reaction on Thursday morning, after US lawmakers vote Wednesday evening.

 

Author

Michael Coe

Mike is pursuing his MA in Latin American Studies at Georgetown University's School of Foreign Service in Washington, DC. Prior to his graduate studies, Mike completed his BA in International Affairs from the University of Colorado at Boulder. He has traveled throughout Latin America, and researched NAFTA's effects on Mexican agriculture and migration. When not reading the news Mike enjoys travelling, skiing, mountain biking, and drinking yerba maté.