Two Weeks Before Argentina Primary Elections, Markets Bet on Mauricio Macri

Investors are enthusiastic about the fact that polls show an increasingly even election. The polls will be virtually the only data they will be carefully monitoring.

RIO DE JANEIRO, BRAZIL - An increase of ten percent in equities, country risk again below 800 points and a milder dollar. This is how the markets closed on Friday, after a highly volatile week in which there was much anxiety and caution.

But this new rebound showed that investors are placing their bets and are confident that Mauricio Macri will do well in the primary, open, simultaneous, and mandatory (PASO) elections.

What . . .

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