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.

[For Mexican companies, the upgrade] makes it more likely that they will invest, and makes their profitability higher, creating a more competitive and strong corporate sector. That's not something that's a five-day wonder --- it's a long-term factor, ... This market is going to go quite a bit higher.

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

He's done nothing but positive at San Diego State and helped keep San Diego State alive the last few years (in athletics). We're talking about big money we have raised for San Diego State, and at times when they weren't winning a lot.

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