Global markets will witness structural change in emerging markets, the Fed will continue its path of lower interest rates, which will boost raw material prices and emerging risks will be at unusually low levels.
In addition to this scenario, the Argentine government announced a return to international debt markets, which will positively affect local assets such as bonds and stocks.
Inflation, dollar and foreign trade forecasts for 2026
President Donald Trump He has been nominated to be the next Chairman of the Federal Reserve Kevin Hassettwhose thinking is in line with the ideas of the ruling party, because it calls for lowering prices, Prioritize activity and growth, It is vulnerable to deep economic liberalization.
With a scenario of lower interest rates in 2026, this should not be surprising Raw materials reach values higher than current valuesThis benefits the Argentine Republic specifically The agricultural plan is witnessing a record crop. This means that more dollars will arrive in the country, which will reduce the government’s concerns.
We must not ignore the prices of oil and gas, especially the latter, which exceeded… US$5.0 per million BtuIt is a very attractive price and enhances energy developments in Argentina.
At the local level, the main consulting firms in Argentina forecast financial indicators for one year, The average consulting firm expects inflation to reach 21.3% over the next 12 months, currency depreciation at 16.1%, and dollar inflation at 4.5%. While the exchange rate will be at $1,683This means that it falls within the bands pre-determined by the central bank, since on November 30, 2026 the upper band will be located at $1,701.
Expectations Market forecast survey They have always been above reality We do not rule out that inflation will be less than the mentioned level. The same thing could happen with the exchange rate, so we are very optimistic about what will happen in economic matters in 2026.
Foreign trade forecast forecasts exports US$90,320 million and imports 81.614 million US dollars, Which would give the balance of trade balance 8,706 million US dollars. Growth forecast will be 3.4% and preliminary financial result $15,157 million.
The financial market lowers very good expectations for 2026 CABA offers 7-year bonds with an interest rate of 7.8% In an amount of 600 million US dollars. It is located in the province of Cordoba 7-year bonds worth US$725 million with an interest rate of 9.75% per annum. Santa Fe County just instituted a 9-year bond 800 million US dollars at a rate of 8.1% annually.
It’s absolutely crazy, but countries and subnational corporations put up bonds at rates lower than national bond yields. For example, the 10-year AL35 bond yields 10.1% per year. This means that we are facing a scenario of increasing national bonds or decreasing subnational bonds. I think I tend to say the first.
This week the peso price once again showed a significant decline, so all roads lead to stocks.
What stocks and bonds to invest in in 2026
We believe that investing in risky assets is the best alternative in times when global and local prices are declining.
In matters dollar bonds, We think so Longer bonds are a better alternativeEspecially after the announcement of Argentina’s exit to offer debts in the credit market.
in procedures,We follow several actions closely, but the offensive trident consists of eEnergy, with Vista on the right, Pampa on the left and YPF with the number 9 on the back. The point guard of this striker with the number 10 on the shirt is Free marketwhich continues to surprise with good results.
We suggested that a long time ago, Stocks and bonds are the best investment right nowBy 2026, global markets, especially Argentina, will leave investors with significant profits.