The government is approaching the meeting Two years of management Different behavioral patterns can now be obtained, which in turn allows us to predict movements over the next two years. Especially when you consider that the first two years were more complicated From the next two. Remember the guy who ate popcorn at Carrillo’s in the summer of 2024 anticipating strikes over Easter.
Regarding exchange affairs, the decisions adopted since 2023 referred to Zero riskIt is better to make a mistake in delaying action than to rush into taking it and regret it later. Everything indicates that this philosophy will continue over the next two years. Javier Miley He indicated last week that the floating teams would continue until at least December 2027 (the end of his current term). bilardia. If last April, when restrictions on people were lifted, all exchange restrictions were lifted, it would have been a boost to the economy and the arrival of investments.
But would it have resisted the anti-missiles? Financial balance Launched by Congress starting in June? Have you reached help from Scott Besant? Would the same election result have occurred? Once again, formal billiards was applied to the economy. The result is important. and”a result“It was less about achieving economic growth and more about overcoming malignant diseases Election preview And achieving victory in the October 26 elections.
he “The team that wins does not change“It refers not only to people, but also to the guidelines of the official plan. Over the weekend, there was some noise due to a Bloomberg article that pointed out that the rhythm of a 1% monthly increase in the ceiling, lowering the floor, band 1.5% float Banker attends JPMorgan offices in New York for presentation Louis Caputo After two hours of questions, he explained to El Cronista that “this phrase was completely taken out of context.” This contradicts the prevailing official philosophy.
What do we need for the country’s risk to be less than 500 points? On Wall Street they confirm that they would like to see BCRA Adding reserves with a competitive exchange rate and a low debt stock. It is the golden triangle for Argentina to catch infections from its neighbors and reach normal levels of risk for the country. pattern Formal behavior The first two years allow us to conclude that the economic team will let the weeks pass, and that it will reach this triangle over time.
BCRA will purchase reserves as demand for the peso increases. he Competitive dollar If it is no longer the case, it is close to the current values. Debt is not high (there are many elderly people in… International Monetary Fund and organizations) but deadlines must be extended. Billiards prevail.
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