Fynsa
The market for this key fuel for the economy faces restrictions.
If elected, Javier Milei will have to convince Argentina and investors that his proposal to dollarize the economy is serious and responsible in order to lower the inflation that Argentines have suffered for decades.
And suddenly, interest rates are important again.
Despite higher financing costs and higher home prices than two or three years ago, the U.S. residential market will continue to perform well.
The likelihood of a further hike or a further pause at the Fed's next September meeting will depend on data developments.
Nathan Pincheira and Humberto Mora, of Fynsa, provide their outlook for the economy and investments in the first half of 2023 and for the months ahead.
Our Softlanding baseline scenario is based on a moderation of inflation and greater resilience of activity.
This is a real estate business model consisting of residential buildings designed exclusively for rental purposes.
Speeches and communications from the Central Bank Board have only been along one line: it is still too early, risks are high and policy error can be very costly.
We maintain our expectation that possible movements in the TPM will have to wait until September.
