On the Money: Stick with the Bouncing Bolsa

Stick with the Bouncing Bolsa

What is it with the peso crisis south of the border? Are we talking about a brief time-out in the hat dance of prosperity or a massacre at the investors' Alamo? If you listened to your broker a few months ago and bought Telefonos de Mexico, Cifra or Grupo Televisa -- or shares in a Mexico mutual fund -- should you be jumping out or staying put?

I posed this question to financial globetrotter Jimmy Rogers, who dispenses advice on CNBC. Until very recently, Rogers was "short" on Mexico -- betting against it -- so last week's events made him a...

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