On Wall Street, they think Cristina Kirchner showed she did not have the votes to beat Mauricio Macri.



[ad_1]

"It's like if Game of thrones he would have frozen in the penultimate chapter ", graficó a strategist in investment of a bank of New York. In this state of expectation and uncertainty, Wall Street badysts are following the ups and downs of Argentinian politics day after day.

All forecasts for the last chapter are suspended for the moment. There is still a long way to go before the first round and even more for the second round. The scenario remains open and a lot will depend on the evolution of the economy. But after the first surprise, experts from New York and Washington emphasized both an immediate political impact: the implicit recognition of electoral weakness that the decision to Cristina Kirchner place a Alberto Fernández at the head of the presidential formula.

The market interpreted it yesterday under the same lighting, that's why there was no shock on Wall Street.. Only with the votes of hard Kirchner, badysts reason with a certain voluntarism, it is not enough that the former president defeat Mauricio Macri. "It has become clear that radical positions can not win in Argentina," he said. Infobae Walter Molano, Chief Economist for Emerging Markets at BCP Securities, New York.

From this point of view, the center has already achieved a first triumph, even before the competition. A similar symbolic defeat was felt by the former president when she had to choose Daniel Scioli as a candidate in 2015, remember. But in this case, the opposite for Cristina Kirchner is doublesaid Molano, because that Peronist center that tried to conquer with Alberto Fernández as a standard-bearer did not unified behind his candidacy.

"Cristina played to take control of the game but did not succeed and is now vice-candidate"said the expert. According to him, the scenario is today more or less that of a week ago, with a difference that can change the advice: the governor of Cordoba, Juan Schiaretti, appears as "the big winner" because after his triumph in the province Positioned to become the motor of moderate Peronism, where "there is no room for the former president". His desire to lead this space, if he has one, will begin to be seen more clearly in the coming days.

Benjamin Gedan, Argentina project manager at the Woodrow Wilson Center in Washington, believes that Cristina's gesture was "too shy" to succeed. "If he was excluded, he might have succeeded in unifying Peronism and thus giving a final blow to Mauricio Macri's dreams of re-election. "He told Infobae.

"Staying in the formula, will continue to frighten the moderate Peronists and undecided voters, disappointed with the change but traumatized even by the cristinist corruption and political divisions to even allow you to approach the Casa Rosada," concluded. ;expert. The presence of the former president to Comodoro Py today remind this electorate that he has no owner for the moment, that everyone will try to seduce.

However, there are different interpretations, which recommend to consider it with caution. AT Daniel Kerner, a specialist in the Eurasia group in Latin America, the unification of the Peronist offer remains a turning currency. "We'll have to wait to see if it's successful or not," he said. Infobae about the move of the former president. This success, he said, will be measured by his ability to expand the Kirchner space, which is a possibility for the expert, although "it will depend on the disorder that Federal Altenativa and especially of what he does (Sergio) Mbada. "

"The signs that Alberto Fernández gives what he will do to the power he wins will also be important, today it remains confusing," added Kerner. According to the specialist Eurasia Group, Kirchner's former chief of staff is a "pragmatist" who, when he was attending Kirchner's small table "was one of the most rational policy advocates, had good relations with Grupo Clarín and was one of the most astute political operators of the government ".

This could result in "greater willingness to negotiate with the IMF, avoid a default and resist the more interventionist leanings of Cristina and some of her advisors," Kerner said. But the big question is who of the two would have the last word. "She seems to take a step back to ensure her victory, not to lose influence"he concluded.

[ad_2]
Source link