Midterm Elections in Argentina
President Javier Milei is facing midterm elections on Sunday, where voters will decide the fate of his reform push and budget cuts for his remaining two years in office.
The outcome of the elections will determine the direction of the country, with Milei and his allies needing to adapt their economic policy plan and create conditions for legislative majorities.
- Global investors are bracing for potential impacts on the "Milei trade" following the elections.
- The elections may result in a Peronist victory, which could affect the country's economic policy.
The "two anchors" that will give them a future are tied to applying the necessary adaptations to the economic policy plan and creating the conditions for circumstantial legislative majorities.
Author's summary: Argentina's midterm elections will determine the fate of President Milei's reform push.