Mexico continues to demonstrate why it has been the fastest-growing economy in Latin America in recent years. Today’s increase of more than 1.5% in th
Mexico continues to demonstrate why it has been the fastest-growing economy in Latin America in recent years. Today’s increase of more than 1.5% in the most representative ETF of its economy, iShares MSCI Mexico (EWW), places the country among the most bullish markets in the world.
Among Latin American countries, it has by far delivered the best returns. The cumulative increase of more than 175% since the lows observed during the COVID-19 pandemic is explained by a notable increase in investments in the country.
The so-called “nearshoring” of a significant portion of the American and Canadian industries explains this phenomenon of high demand for Mexican industry, employment, and services.
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