EWW - Cemex: Not A Good Way To Play Mexico's Economic Recovery

Recently, I've been making the case for Mexican stocks. The Mexican stock market (and economy) has been in a slump for many years.

Mexican GDP growth struggled to ever get out of second gear following the collapse of the commodity super-cycle in the early 2010s. Throw in oil price weakness and jitters with U.S. relations, and Mexico has struggled. The Mexican stock market has been in a seven-year bear market. Measured in dollars, the index is down more than 50% since the peak even including dividends:

Data by YCharts

As such, I've highlighted various ways

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