Markets Cautiously Optimistic after “Tropical Messiah” AMLO’s Mexico Election Landslide
Bonds & Loans
Published: 31 August 2018 12:43
Months of uncertainty finally ended in July as Mexico decisively voted in its new president, Andres Manuel Lopez Obrador (better known as AMLO), an ageing left-wing icon with populist appeal. With almost six months until the official inauguration, he is trying to woo the markets with a more conciliatory tone. If the currency and bond yields are anything to go by, it appears to have worked, but will it manifest in policy?