Argentina's recession risk is firming, with J.P. Morgan cutting its growth forecast and now expecting a contraction in the third quarter after July's weak activity data. Local repo
Argentina's recession risk is firming, with J.P. Morgan cutting its growth forecast and now expecting a contraction in the third quarter after July's weak activity data. Local reports point to rising concern within the government about a policy response, including contingency planning for dollar demand. Argentina-linked assets remain cautious as investors weigh whether the slowdown deepens ahead of elections.
Sources
Ezbrisk weighs each event against the market reaction and publishes a verdict with an overreaction reading. How the methodology works