LATAM8 Brief

Latam8 Brief Reports

Latam 8 September 18

28 Septiembre 2018
Macri announced negotiations to improve the IMF program, but there were no details and the IMF remained silent. This created confusion in the market followed by rumors of possible changes in cabinet. This weakened Macri´s image, already in lows by the currency crisis, and raised questions about his chances for re-el...

Latam 8 July 18

21 Junio 2018
The peso continued depreciating in June after the Central Bank withdrew the USD 5 billion offer at 25 ARS/USD in FX market and forced the resignation of Sturzenegger. Luis Caputo became the new president of the CB, a move to restore credibility. He has reputation as a great trader with skills to deal with financial ...

Latam 8 May 18

30 Mayo 2018
The currency run that depreciated the peso 30% so far this year is having an impact. The government’s image dropped to the lowest levels since Macri took office in late 2015, as its positive image is now below 40%. While it still has over a year to make a comeback, the perception that many political analysts had tha...

Latam 8 March 18

23 Marzo 2018
The last few months were difficult for Macri administration. Its popularity dropped to the pre-October election levels of around 46% after surging in late Oct-Nov, consumer confidence suffered the overall mood among investors and the business community clearly took a bearish turn. The government still has the advant...

Latam 8 January 18

19 Enero 2018
The year ended with bells and whistles, as the Congress had a heated debate due to the pension and tax reforms, while the government in a controversial move changed the inflation targets. The Government succeeded in passing the 2018 Budget, the tax reform and the pension reform. Although the approval of reforms was ...

Latam 8 November 17

30 Noviembre 2017
The official party received a strong support on the general elections. Cambiemos candidates not only prevailed over CFK in the province of Buenos Aires by 4 points, but they also won in 13 other provinces and scored the five most populated districts. At a national level it received 41.9% of the total votes and it ex...

Latam 8 September 17

29 Septiembre 2017
The first half of August was marked by the primary elections, which resulted in a clear victory of the official party “Cambiemos” at national level. In the Province of Buenos Aires, the final scrutiny threw Cristina Kirchner as the winner by a very small margin (34.27% vs. 34.06%), but polls indicate that Esteban Bu...

Latam 8 July 17

31 Julio 2017
Despite no major change in Congress is expected as a result of the coming elections, the results will condition the next 2 years of Macri’s administration. Cristina Kirchner will run for a Senate seat in the Province of BA, and a good electoral performance is the only way to guarantee her political survival. Polls s...

Latam 8 May 17

31 Mayo 2017
Macri's administration got an unexpected political boost in April, as the approval rating recovered 6%. This positive news for Macri came after a 10% slippage in February. His positive image now reaches 53% and returned to similar levels than before the “unforced” errors of February that cost 10 points by the social...

Latam 8 March 17

31 Marzo 2017
Confidence in the government (UTDT) deteriorated in Feb-17 to 47% and hit the lowest record since Macri took office.  However, the indicator is still higher than the one printed by the end of CFK administration. Tough negotiations between the government and the teacher's union ignited a conflict and strike that...