Mexico Equity Strategy 2026 Mexico Opportunities Conference: Key Takeaways

研报英文原文证据摘录

Mexico Equity Strategy 2026 Mexico Opportunities Conference: Key Takeaways

J P M O R G A N Latin America Equity Research

08 June 2026

Mexico Equity Strategy

2026 Mexico Opportunities Conference: Key

Takeaways

We hosted panels with senior policymakers, business leaders, and Mexico thought- Mexico Equity Strategy

ACleaders as part of our 21st annual Mexico Opportunities Conference. Overall, we Adrian E Huerta

came away with a measured but constructive view: the long-term investment case (52-81) 8152-8720

remains intact, anchored by Mexico’s geographic positioning, deep U.S. adrian.huerta@jpmorgan.com

integration, a competitive manufacturing base, and an increasingly collaborative J.P.MorganMorganGrupoCasaFinancierode Bolsa, S.A. de C.V., J.P.

public-private dynamic. That said, the near-term path remains clouded by

Felipe Barragan Sanchez

uncertainty and is conditioned on three moving pieces: i) USMCA execution, (52-55) 5283-1666

where a resolution is broadly expected but not until 2H27; ii) persistent energy felipe.barragan@jpmorgan.com

bottlenecks, and; iii) the Sheinbaum administration’s ability to translate Plan J.P. Morgan Casa de Bolsa, S.A. de C.V., J.P.

Morgan Grupo Financiero

México into deployed capital, with material execution only expected to begin in

late 3Q. Encouragingly, speakers consistently flagged uncertainty rather than Emy Shayo Cherman

(55-11) 4950-6684

bureaucracy as the binding constraint on investment, with the Sheinbaum emy.shayo@jpmorgan.com

administration increasingly removing administrative hurdles, while record FDI Banco J.P. Morgan S.A.

inflows, a sizable infrastructure pipeline, and resilient consumer fundamentals Diego Celedon

point to Mexico’s continued ability to attract capital despite a more demanding (56-22) 425-5245