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Time will tell...this is not a peg like Menem. It's a dirty float. You know who else uses a dirty float...Japan, India, China, Chile, South Korea, Brazil...among others. Whether Argentines feel they are better off or not is certainly being debated by many voters. Personally, I think the...

What? Do you have proof they borrowed it to begin with? Do you have proof any of what's reported by the IMF, Bessent or the BCRA is real? This is a pointless line of thought. The FX market clearly knows more than you or I do and will respond accordingly. Per your own words all it took was an...

It's a very complicated question. I think it depends on who you ask. In a world of limited resources allocated by government there will always be winners and losers. I don't expect everyone is pleased regardless of who is governing. But, politics aside, the previous level of inflation was...

There is more here than meets the eye. It was announced not long ago that the $20 billion loan from Bessent was already repaid. There is no currency intervention this very moment in the FX market, in fact the BCRA is actively buying dollars to shore up foreign reserves without running into the...

There's no excuse for the employers...but I've seen Argentines complaining...yes complaining about being en Blanco because the aportes cut into their take home pay. There are also quite a few that prefer being en negro...gambling debts, wage garnishments, avoiding child support, etc. You don't...

Very curious to see how the additional options affect domestic producers. Certainly doesn't bode well. Clearly we are watching a redistribution of costs country wide. What's going down in costs via imports is being sucked up in rising rents, municipal taxes, utilities and professional services...

Color me skeptical about that one. A lot of chatter about Gen-Z being low consumers of alcohol but the generation is 14-29 years old. Half aren't even of drinking age. It's too early IMO to call some generational shift. I would say in 10 more years we'll see if it's true. That being said, drink...

Funny story about beans. I realized the first year in Neuquen that beans were some sort of mysterious ingredient here that only appeared seasonally for Locro, then quietly vanished from shelves. In both the poor and rich circles I have interacted with people show a strange curiosity about what...

Yes, I know Sergio...I was joking myself. Sarcasm is hard to pick up through text, sadly.

I would love to know how that's working out for you. I often hear the IMF complaining that the government needs to be offer "positive" interest rates to squash dollar speculation. I assume by positive, they mean rates that exceed the depreciation of the peso. With the dollar so frozen, I would...

Excellent point...it's difficult the gauge the "real" appreciation when it's in ARS.

To hell with your Trumpian nationalism, think of the Riesgo Pais and those juicy juicy loans.

"Dollar-cost averaging (DCA) generally does not increase total returns compared to investing a lump sum immediately, but it does lower risk and reduce volatility. Because markets tend to trend upward, investing all available capital at once typically yields higher long-term gains. DCA works best...

Property owners in Neuquen Capital were shocked to find their Municipal fees for 2026 increased by as much as 800%. The article goes on to explain that prior year fees only paid 20% of the Municipality budget with the rest subsidized...

Excellent article...a perfect storm of forces that could apply to virtually any sector here.

Are we talking about the same stock?

This is one was a tip-off by an oil manager I met a couple years ago. Given how fresh off the boat I was, I was still very skeptical of Argentine stocks. Wish I had paid more attention...

Incredible run if you were there in the beginning, but an 8% total return for the past 5 years (1.7% annually) is hardly wow performance.

This reminds me of the infamous "Nancy Pelosi index", where amateur traders began to track her trades to take advantage of the obvious insider information she was using: https://www.quiverquant.com/congresstrading/politician/Nancy%20Pelosi-P000197 Outperformed the market by 564%, mere...

Very curious about this one as well, especially given Bessent's mining comments. I'm sure we'll be the last to hear of the opportunity.