Fynsa
The Q2 National Accounts figures only confirm what we expected: the economy is slowing down and will continue to do so.
The first thing we have to understand is that the Chilean economy is in a frank process of deceleration, which did not begin this month, but approximately since the end of last year.
In this high inflation scenario, UF investments become important. FYNSA has three strategies, which are materialized in three products that were explained in the webinar.
The Chilean economy is in such a state of disarrangement that it cannot act as it is accustomed to in this type of situation.
The transaction resulted in an equity multiple of 1.87x over the course of one year.
Complicated scenario for the refinancing of high-yield companies
For many Latin American countries, remittances are one of their main sources of foreign exchange income.
For the fourth consecutive time, the Central Bank modified the bias of the statement, repeating the situation of March and May: a bias that indicated an early end to the hiking cycle, and then eliminated it and raised the rate more than expected.
The analysis of Humberto Mora, FYNSA's Deputy Investment Manager
The year-on-year variation would reach 12.7%, unfortunately for those who expect inflation to ease a little in the coming months.
