Comment: Investors keep a watchful eye on Mexico's new leftist leader

Jonathan Clare recalls the strikingly different Mexico of the 1990s, and looks at the country’s prospects today under a new, left-wing, administration. The Mexico of today is very different from the country I first experienced in the late 1990s. Back then I was based in Mexico City – the local population was still reeling from a banking crisis and severe recession. Talking to locals in the fashionable coffee shops you would hear of the steady exodus of the middle class from the sprawling metropolis. There was a sense of gloom that the Institutional Revolutionary Party’s long strang...