My in-laws in Monterrey are starting to get concerned about a very real civil war or a new Revolution.
Obragore has lots and lots of very poor people he has promised bolgna sandwiches to,as well as the Teacher's Union (which, as you know, is as powerful as the AFL-CIO in the George Meany days).
In the meantime, almost all external investment has come to a screetching halt.
I check in with the in laws pretty frequently -- they are standard middle class surburbanites, so I'll chip in with info "from the ground" where I can.
Please add me to the ping list as well.
This a. m.: MPU futures = 9.1500, down .0400
tradesports = 4.2 bid @ 5.0, 1 up, no trades yet today
Bottom line: the mkt, as always, is an anticipatory discounting mechanism for price. Right now, the mkt is saying, ''Yeah, ObraGore, we see ya. You ain't got no smoke yet, pachuco.''
Please add me to your Mexican post-election ping list. Looks like this is going to heat up very soon.
Yes, this is where the rubber meets the road.
AMLO's aspiring tax-leeching followers are now blocking major roadways in Mexico City, and the electoral court hasn't even ruled against him yet. Here's an analysis (in Spanish) of the (pathetically minimalist) legal protections that the government has at its disposal against such blackmailing traffic blocking (assuming the Left Wing govt. of Mexico City would even bother to enforce them rather than sit back and hope AMLO becomes president so that the heavily unionized Lefties can have more job security):
http://www.eluniversal.com.mx/notas/365815.html
Please add me to your ping list on Mexico relation issues. Thank you.