Mexico

Although Enrique Peña Nieto, Partido Revolucionario Institucional (PRI) member and current governor of the Estado de México (Edomex), is leading the race to take the Mexican presidency in 2012, there are signs that the outlook will become more cloudy over the next few months. The main reason is that election may not be divided along party lines, with several potential candidates from each party (including the PRI) who may be able to beat Peña Nieto in a head-to-head run off. While we still expect the Edomex governor to win, increased uncertainty ahead of the vote could be enough to unsettle investors.

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