Converting US Dollars to Pesos

by midalake @, Friday, December 22, 2023, 12:31 (1052 days ago) @ seattlejim

OK, opinions.

I think the peso will get weaker into 24 as time goes on. The GDP of Mexico will be hurt by the Hurricane that hit Acapulco. Also I see confusion and weakness with it being an Election year as there will no doubt, be new leadership.
The strong peso [currently] will result in LESS spending and investment.

The US economy. I think the FED has done a masterful job of cooling inflation. Just filled our gas tank at $2.52/gallon and the job market, with manufacturing is strong.

I see slight fluctuations and status Quo through the election where Democrats will regain all branches of congress and the oval office.

All of this is not investing advice...B-) ;-)

Enjoy the new year and all the possibilities ahead!!! :kingtut:


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