Investment Bankers Are Starting to See Mexico as a Money Spinner
- BofA, Morgan Stanley, Goldman Sachs issue upbeat forecasts
- But Mexico has a history of squandering economic opportunities
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For years, Mexico was an afterthought among investment bankers, a perennial underperformer overshadowed by Brazil.
Not anymore. Suddenly there’s growing conviction on Wall Street that the country is on the cusp of a breakout, if it can avoid squandering the opportunity.