💨 Abstract

Economist Julio Calcagnino discussed Argentina's market reaction to Cristina Kirchner's conviction and the current economic situation. The Argentine market was sluggish, unlike the rest of Latin America, showing a bearish trend. The conviction did not spark a positive market reaction, adding long-term uncertainty. The market awaits consistent government measures and reserves accumulation. The government's economic policies are unclear, leading to rising interest rates.

Courtesy: WTOP Staff