THE "END OF HISTORY" IS OVER

Why the 'tourist is buying Mexico (stocks and pesos)

With all the hoopla from the recent FOMC meeting, many investors are focused on the day-to-day movements of the Federal Reserve and other Central Banks. Instead of adding to the noise, I thought it would be helpful to step back and discuss a longer-term investment idea.

From 1982 to 2020, the global financial system had two dominant overarching themes:

1. th…