RE:Possible Opportunity ? according to this ?QUOTE FROM ABOVE POST***. This was one of the most brutal selloffs the Peruvian stock market has seen in decades. Outside of a few of the worst days of the pandemic last year, we need to go all the way back to June 2011 for a worse day, when Lima’s stock exchange fell more than 11%. The only snag is that the plunge was caused by the election as president of another populist left-winger, Ollanta Humala. That selloff proved to be a buying opportunity; within a month the market had rebounded by 20%. Humala didn’t do much to deal with Peru’s intractable problems while in office, but he didn’t impede steady economic growth either. His arrival was even more unwelcome to the stock market than the appearance of the novel coronavirus, but he turned out to be far less damaging: ....But at least Peru has managed to grow its economy persistently over the last 40 years, and it has done so despite politics that seem to come straight from the pages of a magical realist novel (indeed, in 1990 the country nearly elected Mario Vargas Llosa, a magical realist novelist and great admirer of Margaret Thatcher, as its president). Humala served for five years. Since the last presidential election, in 2016, Peru has had four presidents, plus another acting one. It also witnessed the suicide of a two-time former president as he was about to be arrested. And despite this basket-case, failed-state political record, Peru has enjoyed the stablest economy in the region. Taking GDP as a criterion, it emerged from the Maoist insurgency and hyperinflation of the 1980s to produce growth that far outstripped the world and the U.S. Meanwhile, Mexico (which started from a higher base) has conspicuously lagged the rest of the world: