This is a something that michael hartnit over at the bank of america, whose their chief global equity stragis high lighted in a report last week. He was pointing it out just to show kind of o distortion that's gone on in the market overtime. You look at what's going on with latin markets this year, mexico's up a bit thing is, though, when you figure in the dollar, those gains sort of a road and then you look across south america, you see markets like brazil down in part because of lower share prices,. but again, weakness in the currency relative to the dollar.

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