Archive
Being (Francos) honest, today we see a glimmer of hope.
Politics saving a government that detests it? That seems to have been the case this week where the change in the Chief of Staff and the handling of the Bases Law and the Fiscal Package marked an agenda characterized by volatility in the dollar, stocks, and bonds. Meanwhile, the President is on a trillion-dollar tour.
In the Depths of the Ocean, There is Light
Rough. Very rough. This is the moment Argentina is experiencing, as reflected by the EMAE showing an -8.4% year-over-year. A week filled with dollar volatility ends with strong government support during the May 25th celebration. April shows early signs of green numbers.
We All Want Rates - Long Live Negative Real Rates?
A week dominated by interest rates. With the central bank at the helm, we once again see a decrease in interest rates, immediately affecting fixed-term deposits, guarantees, and with a slight lag in funds; meanwhile, the treasury issues at an effective monthly rate below 5%. Now, what do we do with the pesos?
Everyone Loves the Peso - Long Live the Peso
You went on a two-week vacation with dollars, and your purchasing power in pesos has diminished again; the dynamic of the last few months remains firm. This new short week was not as stable as the previous one, with a lot of movement in country risk and very good financial numbers.
