🚨 ARGENTINA MACRO WATCH: Is Milei’s Re-Election Already Priced In? 🇦🇷📊
The latest UTDT Government Confidence Index (ICG) just dropped:
🔹 1.94 points = ~39% public confidence in @JMilei.
Why does this matter? Historical context tells a clear story:
📌 35% – 40% confidence: Re-election practically secured (most likely via runoff / ballotage).
📌 40% – 45% confidence: Clear victory in the first round.
Despite heavy political pressure and campaigns this past month, and even with a minor drop vs. August, the numbers remain HIGHLY competitive heading into the 2027 race.
💡 With real wages and credit conditions projected to expand, market tailwinds could remain strong.
Bullish or bearish for Argentine assets? Let’s hear your take below! 👇
#Argentina #Milei #Macro #economy
#BinanceSquare
The latest UTDT Government Confidence Index (ICG) just dropped:
🔹 1.94 points = ~39% public confidence in @JMilei.
Why does this matter? Historical context tells a clear story:
📌 35% – 40% confidence: Re-election practically secured (most likely via runoff / ballotage).
📌 40% – 45% confidence: Clear victory in the first round.
Despite heavy political pressure and campaigns this past month, and even with a minor drop vs. August, the numbers remain HIGHLY competitive heading into the 2027 race.
💡 With real wages and credit conditions projected to expand, market tailwinds could remain strong.
Bullish or bearish for Argentine assets? Let’s hear your take below! 👇
#Argentina #Milei #Macro #economy
#BinanceSquare
