Why Mexico Stocks Are Falling While the Peso Rises

On this episode of The Global Economy Podcast, Lucas and Luna examine a surprising divergence: Mexico's stock market, tracked by the EWW ETF, has dropped 4.6% in the past five days even as the Mexican peso has strengthened against the dollar. They explore why the 'nearshoring boom' narrative is fraying, with factory job cuts hitting record levels and US-China trade tensions creating headwinds. Lucas points to S&P data showing factory job cuts in June nearing financial crisis and Covid levels, while Luna questions whether the peso's strength is a warning sign for Mexican exports. The hosts also discuss how the Iran oil sanctions waivers and the weakening yen are shifting global supply chains away from Mexico. Tune in for a grounded look at what's really happening in emerging markets. #Mexico #Peso #EWW #EmergingMarkets #Nearshoring #FactoryJobCuts #TradeWar #IranSanctions #Yen #SupplyChain #GlobalEconomy #LucasAndLuna #FexingoBusiness #BusinessPodcast #Economics #June2026 #Currency #ExportDependence Keep every episode free: buymeacoffee.com/fexingo