Mexico Stock Market Outlook Dampened by Trump

Verena Wachnitz, portfolio manager of the T. Rowe Price Latin American Equity fund, explores the impact of Trump on the Mexican stock market. Wachnitz tells Morningstar that Trump’s plans to scrap NAFTA and the resulting uncertainty has darkened investors’ outlook for Mexico. Meanwhile, valuations for Mexican stocks remain above their historical average despite increased economic and political uncertainty.