Is the Mexican Constitutional Amendment a Peso Selloff?!

6/2In the Mexican presidential and general elections, the ruling party, the National Regeneration Movement(MORENA) achieved a landslide victory, and President López Obrador, who is currently in office, is likely to push for constitutional reform even before the end of his term9 in September. Observers expect reforms such as lowering the retirement age to be pursued, but some fear that socialist reforms could worsen the fiscal situation, causing the Mexican peso and the Mexican stock market to fall sharply for a time. The outlook going forward remains uncertain.