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Politics : Ask Michael Burke

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To: re3 who wrote (69200)	10/17/1999 11:10:00 PM
From: umbro	Read Replies (1) of 132070

a few defensive picks in case inflation came back ... What about Mexican and Canadian companies? If oil costs stay high, then NAFTA companies have an edge. A lot of Canadian companies are resource-related, which should increase in price, if everything else is inflating. And for Mexico and other countries paying back debt in US$, there debt just got cheaper. Might help the local economy? Also, Mexico is an oil producer as well? MXF could get another 20% to 40% cheper though before it is back to significant lows. Still short MXF, Mike?

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