Alberto Fernández sent Álvarez Agis to reassure Wall Street investors

There have been at least two conference calls, one organized by the Brazilian investment bank BTG Pactual and the other by XP Investments. On one side, they listened to investors and Wall Street badysts, on the other, Álvarez Agis said that neither Fernández nor Cristina Fernández de Kirchner want a default.

He pledged a moderate government headed by Alberto Fernández to face concerns over his eventual administration, real power – many doubts remain over former President Cristina Kirchner and La Cámpora – and its room for maneuver.

"Cristina Kirchner will not prevent a program of reforms or centrist policies," Alvarez Agis said.

Cristina Kirchner will not prevent a program of reforms or centrist policies "(Emmanuel Álvarez Agis)

The economist, who also made a public appearance during the week and congratulated the president of the Central Bank, Guido Sandleris, said that Alberto Fernández, in addition to capturing voters outside of Kirchnerism, could also better manage the markets and make the necessary reforms. The Congress

L & # 39; economist He added that renegotiation with the IMF should include an "effort" in structural reforms. Fernandez is willing, he said, to discuss a pension and work reform, albeit less aggressive than that conducted, for example, by Jair Bolsonaro in Brazil.

The Todos Front candidate wants "micro" labor reforms, focused on specific markets such as software – he talked about it with Mercado Libre CEO, Marcos Galperin -, lithium production, electricity or oil and gas, but not a "macro labor reform".

In Álvarez Agis, The biggest challenge is debt to the fundand the first step is to see how much he wants and how much he is willing to refinance the agency and then define future financing needs. There is also concern that the Treasury is struggling to refinance short-term bonds, treasury bills or LETE bonds because of market panic. Alvarez Agis warned that if the Fund kept its next turn for about $ 5.4 billion, the economy could collapse.

The economist mentioned a possible increase in deductions to improve collection, and left the door open to set up a kind of capital control.

Unlike Macri, Alberto Fernández will seek to revive growth by putting more emphasis on demand than on supply.

He highlighted the role of the Vaca Muerta deposit and said that Fernández would seek to give investors predictability.