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July 4, 2018
What if Lopez-Obrador becomes Trump's secret admirer?
Down in Mexico, "Presidente-Electo" Andrés Lopez-Obrador is singing a conciliatory tune. I think he understands that the other 47% of the people who split their vote among three centrists are concerned that he meant what he said during the campaign. Words matter, as we say up here. According to the Yucatan Times, the early signs may mean trouble for Mexico and "El Presidente-Electo," who won't assume the presidency until December 1: Initial euphoria over Andres Manuel Lopez Obrador's landslide victory soured as the dollar's gain jolted investors back to the reality that the country's first leftist president in recent times may alter its economic model. The peso declined as much as 1.3 percent after results of the Sunday elections signaled his Morena party was set to enjoy broad support in Congress. The victory came with a commanding lead for Lopez Obrador, showing a...(Read Full Post)