Posted 1/22/2024, 11:30:00 AM
Investment Banks Bet on Mexico as Economy Strengthens and Capital Markets Develop
- Investment banks see Mexico as a major growth opportunity and are investing heavily there
- The Mexican economy is strengthening with nearshoring manufacturing boom and strong job growth
- Mexico's capital markets are developing with record bond issuances and increasing IPOs
- Mexico has sound government finances relative to peers, supporting economic optimism
- However, Mexico has missed past opportunities and next president must attract foreign investment