Well, Trump has ridden us of one banker now. Nice, big one too. Good riddance.

Zero Hedge (one them Russian sites…).

“It was shocking,” Ernesto Revilla, an economist at Banamex, said of Carstens’ departure cited by Reuters. “There were rumors of this, but no one was expecting it to happen so soon, especially with the new Trump scenario.” Revilla added that “Agustin has been a pillar of economic policy in Mexico.” He added that the peso suffered on Thursday because “there is no clear successor at the central bank … There is no one on the top of peoples’ minds of who could take his place,” he added.

According to Reuters, among possible candidates economists named were Alejandro Werner, a former deputy finance minister who holds the top post for the Western Hemisphere at the International Monetary Fund, as well as current deputy central bank governor Manuel Ramos Francia, who is less well known in global financial circles. Former Finance Minister Luis Videgaray, a close ally of President Enrique Pena Nieto, is also seen as a potential replacement, though he is a divisive figure in Mexican politics.

So why the sudden announcement? Among the theories emerging is that Carstens has had enough dealing with the unpredictabilities in the political climate, especially since the Trump election, and wanted out. During the presidential campaign, Carstens had warned that Trump’s election could hit Mexico like a hurricane; he also conducted a stress test for local banks to prepare for the “contingency” of a Trump presidency.

Following Trump’s victory, Carstens followed the crowd in changing his tune, and suggested the next U.S. government’s impact could be less severe. However, today’s announcement confirms he was less than sanguine about a Trump presidency, and the impact it would have on the Mexican currency and economy, and opted out.

Hasta la vista!