Fynsa
At the event organized by Fynsa, experts such as Pablo Argote, Provost Postdoctoral Scholar in the Department of Political Science at the University of Southern California, and Humberto Mora, Deputy Investment Manager at Fynsa Brokerage, analyzed the key factors for the upcoming presidential elections in the United States and their possible impact on the economy and the market.
After a long legislative path, the Tax Compliance Bill, promoted by the Government, is about to become law. Taxpayers, their advisors and the tax authority are getting ready to implement this new legal change.
The monetary policy strategy should remain unchanged, while the tightening cycle will continue at a less aggressive pace than in the past, with 25 bp cuts in October and December. Thus, the TPM would close the year at 5.00%.
Economic uncertainty continues to weigh on investors' decisions and any misalignment in market projections could generate an adverse reaction. The Fed faces the challenge of maintaining the balance between growth and inflation.
