Los Cabos, Mexico

By Larry Olmsted

There was a lot of shock, awe, and some mixed reactions when the 2016 Election results came in. Depending which side you were on, you might feel that you deserve a celebratory vacation or you might just really need to get away for a while. Either way, you can benefit from one unintended consequence of the tight race: on Wednesday morning, the Mexican peso hit an all-time low against the U.S. dollar. It has since continued to slide, losing 12% of its value in just two days, and it was already a pretty good value proposition. Yesterday the Chicago Tribune ran predictions of analysts who suggested an additional 7-25% in decline could arrive before year’s end – just six weeks away.

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