Time to shift gears on your selling strategy (if any) as we move to 2022 from 2021–my last two sells for 2021 are Itau Unibanco and Cemex

Time to shift gears on your selling strategy (if any) as we move to 2022 from 2021–my last two sells for 2021 are Itau Unibanco and Cemex

We’ve got just two more trading sessions left in 2021. And then it’s on to 2022. Which means you should have wrapped up–or making any last minute sells–to harvest tax losses from 2021 in the next day or so. Of course, being the tax-savvy investor that you are, you have postponed taking profits on big winners in 2021 until 2022. (I’ll have an update on January profit-taking in the week after New Years.)

Mexico’s President Pena Nieto cancels next week’s meeting with President Trump

Let the negotiations begin! On one side U.S. President Donald Trump who wants to build a wall between Mexico and the United States (and have Mexico pay for it) and to renegotiate NAFTA. On the other side the Mexican government of President Enrique Peña Nieto, who, to generalize, doesn’t. Until today the two leaders were scheduled for a January 31 face-to-face meeting in Washington. And now they’re not.

Going short Mexico on the prospect of a Trump victory in November looks like it’s already a crowded trade; so how about going long Mexico right after Trump gets his convention bump in July?

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