Re: MERVAL Indice Merval
Publicado: Jue May 31, 2018 11:58 am
Me parece que no es muy objetiva la nota, Argentina esta viviendo la reaparicion estratégica del ""peronismo"" en este momento sensible para el pais donde están definiendose cuestiones que son claves para el plan del pro.
Argentina
Argentina is starting to look interesting after big declines, and has moved from overvalued to undervalued, according to JPMorgan Asset’s valuation model. The asset manager reduced its holdings of Argentinian bonds before the selloff and now sees opportunities to rebuild its position. The political situation is more stable than it used to be and it’s mainly a question of currency risk.
“So the only point we are waiting for now is whether the International Monetary Fund is going to step in to help the country,” Lambert said.
Brazil, South Africa
In a rising-yield environment, it’s best to have a bit less duration. But in South Africa, where there’s around 200 basis points of spread between the short end and the very long end of the curve, the long end is still attractive, Lambert said. A real yield in Brazil of 6 percent to 7 percent provides more buffer from higher real yields in the U.S.
deacá escribió:Nos pusimos "interesantes", dice yiipi
https://www.bloomberg.com/news/articles ... r-business
Argentina
Argentina is starting to look interesting after big declines, and has moved from overvalued to undervalued, according to JPMorgan Asset’s valuation model. The asset manager reduced its holdings of Argentinian bonds before the selloff and now sees opportunities to rebuild its position. The political situation is more stable than it used to be and it’s mainly a question of currency risk.
“So the only point we are waiting for now is whether the International Monetary Fund is going to step in to help the country,” Lambert said.
Brazil, South Africa
In a rising-yield environment, it’s best to have a bit less duration. But in South Africa, where there’s around 200 basis points of spread between the short end and the very long end of the curve, the long end is still attractive, Lambert said. A real yield in Brazil of 6 percent to 7 percent provides more buffer from higher real yields in the U.S.
