Geoffrey Dennis Quotations

Many Mexican companies have adapted to softer demand by cutting costs and this will be extremely positive for margins once demand picks up in the second half, as we expect.

Mexico is not part of South America, but of North America, in respect of the current 'crisis' situation. We see the damage for the peso from this current crisis as being modest.

Wall Street is sliding and Mexico is taking it on the chin as usual.

We have seen a contemporaneous slowdown of the Mexican economy with that of the U.S., but it has not been disastrous for Mexico,

We've turned much more positive about Mexico in the past few weeks.

It would make sense for some liquidity to dry up ahead of year-end,

Actually, it's quite cheap now compared to some of the other parts of the world.

We had a buy on the rumor, sell on the news sort of thing.

This is a disaster for all markets in Latin America.

The next issues for investors in Mexico should be the timing of an S&P upgrade (likely to be mid-year, although maybe earlier) and the U.S. economic recovery (on track with our above-consensus view).

Interest rates have come down a long way and probably will go down further, ... is managing the peso very well ... and you're clearly getting a quite decent economic recovery now.

The close-end funds of course have the advantage that they don't require you to pick the stocks.

Colombia has been standing out as a country that is clearly going to pursue the same path going forward ... without a lurch to the left.

The markets were wrong in the first place to worry about inflation, ... will not let inflation run out of control.