Wait and See

In this episode, Mariana speaks with Carlos Peyrelongue, head of Mexico Equity Research for Bank of America, about the state of the country that President Claudia Sheinbaum has inherited from her predecessor, about the parting gift he left—a judicial reform that weakens certainty and the rule of law, and about how the markets will read certain markers to determine whether or not she will rule based on data or ideology. They also discuss the measures she will need to take in order to create the necessary conditions to attract investments to grow, to fund the country’s infrastructure needs, as well as the government’s growing spending commitments. And, about the most likely scenarios for U.S.-Mexico relations in light of the upcoming USMCA renegotiation.