Look to Mexican, Brazilian Consumers for Growth, Not Slowing China

Latin American shares have been slipping lately due to worries about a China slowdown, but the long term bull story remains intact, said Gabriela Santos, Global Market Strategist for J.P. Morgan Funds. Santos said the rising consumer class in Brazil and Mexico is still worth buying into, even if lower commodity prices and the October Brazilian election are causing skittishness now. She added that energy reform in Mexico is creating a fantastic opportunity for the economy, and while drug wars continue to be a problem, they will not derail the positive momentum in the country.