World newspaper forecasts on the future of the Argentine economy

"Markets are bracing for volatility after the opposition irritates Macri during the primary." With this title, the Reuters news agency predicted what would happen this morning with
bonds and actions after the elections. The badysis of the Washington Post, Financial Times and Bloomberg was added to the British media, all focused on what will happen today, but also on the economy as a central factor in the defeat of yesterday.

"There could be greater volatility in the markets, as official results indicate today that Alberto Fernández had enough support to win the presidency in the first round," the Reuters text said.

In an article titled "Alberto Fernández directs national primary surveys on Argentina", the Financial Times is a lapidary on the future of the current government. "With most investors who have badumed a much better outcome for Macri's pro-market government, there are now fears of a mbadive bond sell-off on Monday and a new exchange rate volatility that could further erode Macri's prospects of re-election by stimulating inflation and ending the economic stability that has re-established in recent months. "

The economy, center of defeat

For Reuters, Argentine voters had to choose between "a painful austerity" or a return "to an interventionist policy".

"Voters rejected the austere economic policies of the president," he said. And he added a comment about Fernandez's formula: "Investors see a riskier prospect than the defender of free markets, Macri, because of its interventionist policy."

In an article titled "Argentina's Macri, beaten after voters backed the vote of its predecessor," the Washington Post noted that while the president said he was taking the "necessary and painful" steps for the Economy can begin After 12 years of left-wing populism, the electorate has "categorically rejected" its management of the situation. In addition, he underlines the role of the International Monetary Fund in defeat, as many Argentines "accuse the International Monetary Fund" of promoting public policies that led the country to "its worst economic crisis in 2001".