Thursday, May 26, 2011

Mexico's stocks

My latest at Research magazine: "Mexico's Resilient Market." Excerpt:
Mexico’s long-ago president, José Porfirio Díaz, is credited with a memorable, though likely apocryphal, quote, which translates as: “Poor Mexico, so far from God and so close to the United States!”

Díaz, who as a youth fought against the U.S. in the Mexican-American War, was overthrown in the 1911 Mexican Revolution, but his desire to keep some distance from the giant northern neighbor echoed through the 20th century in Mexican policies that kept a tight rein on cross-border trade and investment.

In recent decades, though, and particularly since the North American Free Trade Agreement went into effect in 1994, Mexico’s policymakers have sought to capitalize on their country’s proximity to the U.S. Consequently, Mexico has attracted investor interest for its uncommon identity as both emerging market and member of a vast trade bloc.

UPDATE: I'm slated to talk about this article on the Gabe Wisdom Show on June 6 at 7:30 PM ET.

UPDATE: Here's the podcast.

Tuesday, May 17, 2011

Absence of blogging

Current reading: Absence of Mind: The Dispelling of Inwardness from the Modern Myth of the Self, by Marilynne Robinson. I ordered this book after coming across an excerpt and then reading some interesting reviews, including one by the Archbishop of Canterbury. I'm sure it will give me much to contemplate. Meanwhile, posting may continue to be light in the near term, though I expect this blog will perk up a bit in June or so.

Monday, May 9, 2011

Movie note

Saw Black Swan on pay-per-view last night. I wasn't as enthused as some. It was like Fight Club in a tutu.

Wednesday, May 4, 2011

India brief

A podcast of me on the radio talking about the Indian stock market. My article on the subject is here.

Monday, May 2, 2011


Looking at this morning's great news. Here's what I wrote on the 5th anniversary of 9/11. I expect to write again on the 10th.