DarkMessiah777
Long

USDMXN AMLO or Ressesion?

FX:USDMXN   U.S. Dollar / Mexican Peso
Here is a scary thought for the average Mexican. With the leftist inclination of Mexican President Andres Manuel Lopez Obrador (AMLO), Mexico could near an inflation streak for the following months or years to come. Uncertainty has risen in Mexico about whether AMLO's leftist policies will mean the printing of money to pay for public services and goods or weather he will be reallocating resources from other government agencies. The action of relocation for the time being is what is likely to happen given the President's short time in office. Time will tell weather or not the policies of the Mexican President will include the printing of money to pay to improve the community, weather he'll borrow such money or only reallocate funds. On the other hand with the United Sates being in a correction we could begin to see the price of the dollar and peso stalemate for some time with what I believe to be slight upward if the actions taken by the President become inflatory.
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