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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (72043)	12/17/1999 6:12:00 PM
From: Knighty Tin	Read Replies (2) \| Respond to of 132070

hb, Mexico sometimes does well when the US does well. However, it always does poorly when our economy turns south, as it has been doing. Oil is fine, but it is a small part of the MXF portfolio. The yield at 2.6% is higher than the S&P 500, but in a highly risky country like Mexico, I don't think 2.6% will support diddly-squat when the fit hits the shan. Basically, I think Mexican stocks have gotten very overpriced very quickly and reality will set in with or without an economic crash, which I also consider likely.