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mercredi 22 novembre 2023

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Comment on Argentina's presidential elections

By Claudia CALICH, Head of Emerging Markets Debt at MG Investments' Public Fixed Income Following his victory in Argentina's presidential elections, Javier Milei will be sworn in as President on 10th December. Argentina's stocks and bonds seem to be boosted by the election results, but there is plenty to be monitored by markets in the coming weeks as Milei soon stated that there is no room for gradualism going forward. Milei won 56% of the vote versus 44% for his nearest rival, Sergio Massa, and with there being a legal requirement to vote in Argentina, with the majority of the eligible population expected to do so, the scale of the victory provides Milei with a strong mandate from the public and signals a turning point in the political...

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