The Spring Macrista or the Stand Up of 1 optimist

Nobody can be optimistic when prices increase constantly.

The INDEC Index is not reflecting what happens in the gondolas especially in supermarkets who are.

"YES PRICE FORMATORS" they hold 70% of the retail market of fresh and packaged foods, beverages, cleaning items and others that directly affect the pocket .

This joins the mirror that we Argentines look at that is the Dollar.

Why?

Simple, all Argentine assets are no longer representative and thus explain the situation of extreme weakness that the Argentine economy has by not having a planning horizon (that is, the certainty of an uncertain future).

Then we look for a reference point and that is the dollar.

Evaluate this, the BCRA was forced to renew (yesterday LEBAC) today LELIQ at the rate of 50% to 7 days generating quasi-fiscal deficit.

That is a confidence data ??

It is NOT a short-term opportunity to make a difference of 4% in dollars with a flat dollar.

In other words they spent the 4 years without green shoots and without Macrista Spring and with the stalking that in the next elections, which are just around the corner, return with the knife between the teeth all the previous circus.

Who can be optimistic.

Again, the best exit in the country is EZEIZA, perhaps this way we will stop paying the politicians' celebrations.


Vermouth with French Fries and Good Show


Translation made with Google Transtate