Weekly

Weekly Reports

Politics, the Economy and a Dog That Bites Its Tail

Fourth week
of February 2023
We are entering the electoral period. In the opposition, one of the pre-candidacies has already been launched and soon there will be others. Last week, the ruling party's political table was inaugurated and although nothing has been defined there are several figures who are positioned to fight a presidential candida...

“Fair Prices” and Inflation: It Sure Works This Time

First week
of February 2023
Last Friday the Ministry of Finance relaunched the program called "Fair Prices" in which prices of some 50,000 products were agreed, including mass consumption items and others such as cell phones. Beyond the fact that the calendar marked the need to renew the program signed last October, the moment coincided with a...

Rates Go Up and Down on a Flimsy Architecture

Fourth week
of January 2023
The government's main concern is clearly the value of the market dollar; the informal, the MEP and BCS. Beyond the monetary illusion that invades society and that makes possible headlines such as "Dollar price hits record", the truth is that the government is uncomfortable with the informal rate approaching 400 peso...

The Reasons for the Improvement in Argentine Asset Prices

Second week
of January 2023
In recent weeks, Argentine assets have had a spectacular comeback. Country risk fell under 2,000 basis points last week after having touched 2,927 bps in the winter, with several series of Argentine sovereign bonds trading below 20 cents for each dollar. Today those bonds still yield a lot, but they are worth 50% mo...