“Sell in May and go away,” they say in the stock market. A lot of corporates must be on the plane, as the news flow this week was slow. No major names appeared, but there were some notable intra-Nafta deals as US and Canadian companies announced Mexican distribution accords. Food Freshly North America of Canada named AERSA as a commercial partner, while Avnet and Trimble of the US both announced that they broadened their distribution systems. From Across the Atlantic, Spain’s Ofertia online sales platform disembarked in the Mexican market. Mexico’s BVM said it expects to integrate with other Latin American stock exchanges in the fourth quarter, through MILA.
While we were waiting for the news, we took a look at the debate around Kevin Spacey’s and Enrique Peña Nieto’s meet and selfie, and pondered the origins of Mole sauce.