Franklin FTSE Mexico ETF [FLMX] Stock Forecast

Geopolitics was one of 2022's biggest trends for markets, from the headline news of Russia's invasion of Ukraine to investor panics regarding China's zero-COVID policy, the Chinese Communist Party, and the growing U.S.-China trade war.

Central banks across emerging markets have reacted to elevated inflation by significantly tightening monetary policy, in some cases, well ahead of the U.S. Federal Reserve and the European Central Bank. After largely synchronized rate-hiking cycles across EM, monetary policies could once again begin to diverge among individual countries.

Economies of Latin America and Caribbean have continued their strong post-pandemic rebound, but the winds are shifting as global financial conditions are tightening and commodity prices are reversing their upward trend, while inflationary pressures persist. The reopening of contact-intensive sectors, especially hospitality and travel, the unwinding of pandemic pent-up demand, and still favorable external financial conditions supported a solid expansion in the first half of the year, allowing services to catch up with manufacturing, and employment to reach pre-pandemic levels.

Mexico is particularly well-placed to benefit from companies relocating their operations closer to their main destination markets (nearshoring). Companies relocating to Mexico in the five-year outlook, however, are still likely to face security-related risks, particularly road cargo theft and extortion.

Believe it or not, broad benchmarks of emerging markets equities are outperforming the S&P 500 this year, but with the widely followed MSCI Emerging Markets Index down 17.63% year-to-date, it's understandable that investors aren't running to developing economies. However, there are pockets of opportunities if investors know where to look.

Mexican pension funds have had a particularly large home bias in their equity allocations compared to other markets.

With Latin America and the Caribbean potentially facing years of difficulties due to the pandemic and related economic crises, attention has shifted to what multilateral institutions might do to help.

Latin America and the Caribbean have become the new COVID-19 global epicenter. The human cost has been tragic, with over 100,000 lives lost. The economic toll h

The Mexican peso dives 3.6% against the U.S. dollar to 22.734 per dollar as the Federal Reserve's emergency rate cut failed to soothe the global financial markets.Earlier the peso touched a record low

In response to the global markets selloff, Mexico is increasing the size of a currency hedging program it started three years ago, in an effort to bolster the peso that hit a new historic low over 22

Franklin FTSE Mexico ETF is a US stock and trading under the symbol FLMX

Franklin FTSE Mexico ETF stock price is $28.0899 today.

Yes, Franklin FTSE Mexico ETF is a publicly traded company.