Comprá Argentina Huevo, (toda baja es una oportunidad de compra), no seas gil, los corruptos no vuelven más, los van a seguir metiendo presos, y siempre despuès de la tormenta termina aclarando.
Aug 3, 2018, 03:04pm FORBES
Argentina: A Perfect Storm Creates A Buying Opportunity
Introduction
2018 has been a tumultuous year for Argentina. From one of the most severe droughts the country has experienced in decades, to the collapse of the peso and equity markets, to a $50 billion IMF bailout, a series of investor storms have hit Argentina and prompted investors to run for shelter. But while these economic setbacks have caused damage, they have also created a historic opportunity to cheaply buy into an economy which is about to get a significant second wind due to the economic policies of President Mauricio Macri.
We became bullish on Argentina with the election of President Macri in 2015. A pro-business, free market-minded reformer, Macri slashed corporate tax rates, removed export tariffs, deregulated the banking and capital markets sectors and cut government subsidies. As a result, Argentina began firing on (almost) all cylinders. In 2017, the MERVAL Index gained approximately 77 percent, agricultural production soared as it became more profitable, and Argentina quickly established itself as one of the most promising frontier markets.
The Storm Descends
Then began the storm. This year began with a crippling drought, causing big losses in agricultural production, especially corn and soybeans, which together account for nearly 37% of Argentina’s total exports. Crop prices rose as supply shrank, and Argentina was forced to import U.S. soybeans for the first time in 20 years. The economy contracted 2.7% from March to April of 2018, and over $3.4 billion in exports were lost as the agriculture sector’s damage reverberated throughout the economy.
Next came the peso crisis. The sudden strengthening of the dollar in April sent emerging market currencies across the board into a tailspin. With its structura
Conclusion Forbes:
We strongly believe that investors should view the recent series of unfortunate events in Argentina as a temporary correction in a long-term positive trend of pro-business reform, which will ultimately be the key to unlocking and releasing the potential of the nation’s vast resources. Argentina’s economic storms have taken their toll on the crops and on investor confidence, but Macri’s growth-focused and market-friendly policies will shine on Argentina’s economy and markets.
Research assistance by Charles M. Grimes
I am co-founder of Registered Investment Advisor Trusco Investment Management, CIO and founder of N3L Capital Partners and founder of Standard Research Corp., which publishes research for institutional investors. Logged 13 great years in institutional equity sales, and later...
egis escribió:El #BCRA perdió U$S 1.617 mill. un solo día y U$S 2.884 en los últimos 4.
Las reservas cerraron en U$S 54.641 mill.
Fue para contener el alza del #dolar que a pesar de las ventas cerró en máximos.
Alza del #dolar se trasladará a precios -> #Inflacion
https://twitter.com/egis57/status/1030057836410224640
