The deal is a clear sign that it still pays to be overweight Mexico and we expect to see more upside.
Carlos Asilis
Obviously, the economy ails from important secular imbalances; there's a lot to be concerned about. But the cyclical forces indicate that, at least over the coming quarters, visibility is high.
economy important secular
I take great pride in the integrity and quality of our product, which often reflected non-consensus calls, even within the bank.
quality pride integrity great
If an Iraq war scenario were to unfold in the early part of the year, it would probably be welcomed by the market. Especially once victory is attained, which I think it would.
victory war iraq market early part
Yes, it's an unambiguous positive. But in terms of its overall importance, it's only marginal.
positive importance
Whether retail money is going to rotate back into the market in a huge way is the key. My guess is it's not going to happen.
key money market
It's not unexpected. We think it's a healthy move.
healthy unexpected
mexico sign
In that environment, it's only natural to expect the switch from labor into technology.
environment technology labor natural
By introducing noise, they hope the adjustment will be smoother.
noise hope
Nobody can pinpoint when this process will come to an end. But it is very clear that it can't go on forever. Do you let this bubble grow, or do you do something about it?
process end grow forever
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