Mauricio Macri lost primary elections against Alberto Fernández by an unexpected difference of 15 percentage points. We believe there is no real chance that the government can turn this result around.
The landslide victory of the Fernandez ticket in the primaries has been an unexpected result that shook financial markets and introduced a high level of uncertainty regarding the evolution of economic and financial variables during the transition...
The primaries will take place on August 13th, and the big news is that Cristina Kirchner will run for senator in the province of Buenos Aires.
The new administration is moving very quickly to establish a new policy regime that addresses the main obstacles that have been affecting investing and growth.
Macri shocked the political space by choosing Miguel Pichetto as his vice president candidate. He’s a veteran Peronist, a pro market defender and one of the leaders of Alternativa Federal.