Archive
Does the Virtuous Circle Begin?
Another week of good news for Argentina’s economy. The fiscal anchor remains firm, delivering a financial surplus without the country facing default. Inflation and the dollar are no longer issues in Argentina. When was the last time we could project beyond six months without economic turmoil? Here’s a look into how Argentina’s economic recovery is shaping up and the factors driving this transformation.
Green, How I Love You, Green: Argentina’s Economic Growth and Optimism
Growth in Argentina is no longer just a hopeful expectation—it’s a reality. With a stabilized macroeconomy, Argentina’s businesses find compelling reasons to invest, while consumers are encouraged to spend. A steady exchange rate and a government firm that maintains public accounts have repositioned the country, drawing closer scrutiny from the global stage.
Unleashing Growth in Argentina’s Economy?
The Argentine government is at the helm, adjusting monetary policy before inflation data are released, accumulating foreign reserves, and witnessing a revenue recovery. October’s growth indicators are strong, suggesting the end of Argentina’s prolonged economic slump.
A Sailboat (ARCA) Called Freedom: Argentina’s Economic Outlook and Government Reforms
Yesterday, Argentina’s AFIP took its "belongings" and set sail on a journey. A Lecap, a Bonar, and the Peso set off, raising questions: Where will they go? Country risk said its farewell, venturing into a duel with the dollar, setting off around the world to sail. Naming its vessel "freedom," it found adjustments in the sky and painted surpluses on the sea.
Does the Locomotive Pause to Gain Momentum?
After a spectacular rise in Argentine assets, a pause has arrived. However, the government remains unaware and does not slow down, with twin surpluses once again setting the tone and anchoring everything, especially wholesale inflation, which registered 2% in September and is now in line with the crawling peg.
Sad Data for a Dual Reality
Today, there are no jokes or humor. More than half of Argentines are poor; there is nothing to celebrate. EMAE data shows an incipient monthly recovery, wages are improving, and the tax amnesty is taking the spotlight. On top of all this, the President continues to rub shoulders with the world's leading entrepreneurs, and we are back on the radar of major investors after many years of being forgotten.
Do Anchors Stop Anything?
The Argentine Market Shark Didn’t Get the Memo that Fiscal and Monetary Anchors are Contractionary. Or Did It? The full anchor on fiscal policy continues to bear fruit, as bonds and country risk show. The market is starting to reflect what it sees. The peso is strong with another week of appreciation—how many weeks now?
Argentina at the Crossroads. The Market is Celebrating, but Reality Wasn't Invited.
It's another week when Argentine assets rise, the peso strengthens, and new deregulations and fewer bureaucracies are announced. The scene is repeated everywhere: the Legislative branch heads one way, the Executive another. Even inflation repeats values close to 4% and doesn't ease up.
To the Rhythm of Bugs Bunny, Will Argentina Seize Its Opportunity?
People are still buying everything blue and white, while the peso gets stronger each passing week. Another week of announcements from the RIGI and deregulations. The strong peso seems here to stay, although revenue collection raises questions about the anchor of the economic program.
Beautiful morning, isn't it?
Argentina is all or nothing. Just a few weeks ago, the country seemed to be on the edge, and today the market buys anything that is blue and white. There's strong celebration because economic activity is starting to pick up, and we're climbing out of the hole. Additionally, tomorrow the import exchange rate will drop by 10%.
