View from the Wall Street Journal: Good News?

"Liquidation

Mexico’s government will start this week to liquidate the nation’s second-largest power supplier Luz y Fuerza del Centro after Calderon said yesterday its finances were “unsustainable” amid mounting losses.

“That will definitely create a positive environment,” Delgado said. The government is “realizing the risks of maintaining these types of entities, there will be more scrutiny about these public enterprises.”

The peso was the biggest gainer against the dollar today among the 6 Latin American currencies tracked by Bloomberg. It has gained 0.7 percent in the past month, the second-worst performance after the Chilean peso.

“The significant weakening that we had seen in the Mexican peso was perhaps unwarranted, so we’re seeing it recover,” Bennenbroek said. “I don’t think there was any significant negative news that should have affected the peso as negatively as it did.”

Mexico’s industrial production fell 7.3 percent in August from a year earlier, the national statistics institute said. The decline was greater than the 6.3 percent drop forecast in a Bloomberg survey of 15 economists.

Yields on Mexico’s 10 percent bond due December 2024 fell five basis points, or 0.05 percentage point, to 8.01 percent, according to Banco Santander SA. The price rose 0.45 centavo to 117.38 centavos per peso."

Why  doesn't surprise me, that good news for the Wall Street Journal, are bad news for me?