Thursday, January 24, 2008

Free Professional Stock Advice

As we had discussed in our last class meeting briefly, and as quite a few of us pointed out in our discussoin threads, the United States and Latin America are intimately related to each other. A field where this this particularly true is economics. As I mentioned in one of my discussion threads, Mexico is definitely a major player with the United States, and inevitably what happens to one country strongly affects the other. As I am sure many of us are aware, the economy in the United States is going through a tough time. I found an article on Market Watch that talks about the implications this has on Mexico. The president of a research firm was quoted saying, "I feel very strongly that of the Latin American economies Mexico is the one most closely tied to the United States and especially tied to the U.S. housing industry." He went on to say, "A huge percent of Mexican economic activity is tied to the US economy both through manufacturing and trade and in certain regional pockets through remittances and those remittances will prove, I believe, to be quite closely tied to the housing industry in the US."

To view the entire article, click this link : http://www.marketwatch.com/news/story/emerging-markets-report-citigroup-makes/story.aspx?guid=%7B93992E52-3720-402C-854C-BFCCB5E8B28D%7D&dist=hplatest

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