Argentina and Brazil look more promising
Argentina’s Merval and Brazil’s Bovespa were Latin America’s standout equity indices this quarter. In Argentina investors are encouraged by both the nascent economic recovery and President’s Macri’s improving standing in the polls ahead of October’s presidential election. In Brazil it appears that momentum has finally swung behind pension reform, which should improve public finances. Source: Latam Investor About Gateway to South AmericaGateway to South America is an independent Brokerage and Advisory…
LatAm Investor Report May 2018
Argentina’s Progress Report When Mauricio Macri came to power in late 2015 and promised to fix Argentina’s distorted economy it caught the world’s attention. In the LatAm INVESTOR Argentina Report published in Q2 2016, we described how closed sectors were being opened up for international investors. Two years later we’re back with an update. Macri’s first 100 days were a whirlwind of rapid changes, as he tackled the most perverse distortions in the Argentine economy. However, since then he…
