Premise: "It's a vote of confidence that the momentum is going to continue", Doyle said . The momentum also appears to be moving south . The Mexican election is the latest indication that the free-market reforms that have swept Latin America during the past decade are gaining political acceptance . In Brazil , prices rose sharply , reacting to the Mexico vote and to new polls favorable to free-market presidential candidate Fernando Henrique Cardoso .
Hypothesis: Free-market reforms have swept past Latin America in the last decade.