It’s a dicey game investing in Emerging Markets right now. At Hedgeye we’re trying to guide investors toward Emerging Markets in a bullish setup and away from the ones that look bearish.

In Latin America, for example, Hedgeye CEO Keith McCullough explains that Mexico looks the most attractive right now, while it’s wise to stay away from countries like Argentina and Brazil.

“Latin America does not look all the same,” McCullough explains in the clip above.

“I like Mexico because it’s signaling contiguous [Quad] 1’s [growth accelerating, inflation slowing] and, B, the Mexican stock market is signaling bullish trend. Brazil, meanwhile, looks scary here because they have tougher comps.”

Watch Keith’s full explanation above.

McCullough: Be Careful Investing In Emerging Markets - the macro show