According to an article posted in the Latin Business Chronicle, "Latin America -led by Brazil, Peru, Argentina and Chile- should avoid the brunt of any potential US double dip recession." Apparently Mexico´s exposure to the United States has compromised it´s growth and is preventing it from keeping up with its Latin American counterparts. Another example of good tidings coming from the south is the recent unification of the Peruvian, Chilean and Colombian stock markets that will begin to operate as one starting November 22nd. It is estimated that average combined operations would make them the second largest stock market of Latin America (600 billion dollars, roughly the same size as the Mexican stock market but nearly a third of the Bovespa)
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