Mexico ETF be Derailed by Economic Weakness
May 25, 2014 at 08:00 AM EDT
The rally in Mexican stocks and related exchange traded funds could wane as the government cuts its 2014 outlook on poor export demand and a dip in consumer confidence after a tax hike. The iShares MSCI Mexico Capped ETF (NYSEArca: EWW) was down 0.2% Friday. The ETF has increased 8.3% over the...