(All figures are reported in US dollars unless otherwise stated and are converted from MX pesos at the exchange rate of 1 MX pesos = $.0514 USD) ASUR, the operator of the Cancun International Airport and other regional airports in…
Monthly Archives: February 2023
Grupo Comercial Chedraui (CHEDRAUIB-MX, $4.91) Posts a Strong Earnings Beat for Q4, 2022.
(All figures are expressed in USD unless otherwise stated. Mexican pesos are converted to USD at the fiscal 2022 year end rate of 1 MX peso = $.0514 USD) In Q4, food inflation continued to provide an impressive tailwind for…
Posted in Open Blog
US Federal Reserve Indicates that Interest Rates Will Likely Need to be Raised Above Prior Expectations.
An increasing number of Federal Reserve committee members are vocalizing dissatisfaction at the absolute lack of success on the monetary policy front. Cleveland Federal Reserve President Loretta Mester said Thursday the January CPI report showed “no improvement in underlying inflation”,…
Posted in Portfolio Model Subscription