The election is played. In the next few hours, the political – but also economic – course that Argentina will adopt will be defined.. In a singular moment and with decisions that will give it an inexorable bias, whoever guides the destinies of Argentines will have, like never before, a relevant effect on the future.
For weeks there have been two or three demonstrations that can be weighed calmly and forcefully. The first is that The Argentine business community has turned mostly to the candidate Sergio Massa. Numerous leaders, associations, and business chambers have made public their support for the Unión por la Patria candidate. In the same way, in the Wall Street financial market, investment banks and specialists have also defined themselves in favor of the Tigrense.
It is interesting because if there is one thing clear, it is that both businessmen and Wall Street analysts summarize pragmatism on the surface. That, which has traditionally been a protective nature in the face of a changing scenario, is much more so today. A double antibody, you could say. The reason is simple: the volatile nature of the macro and financial scenario, added to the chance that Javier Milei could win the Casa Rosada chair, put a large part of the community on alert, including those in the world of business and finance..
Who is the most reliable for the moment that is coming in Argentina? Who has the experience, temperance and contacts necessary to direct the fights that will ensue immediately? And more importantly: Who can guarantee a transition that puts the country on the path of a new positive economic cycle? Who, that allows not only to generate growth with development, but also to put that in contact, to privilege it, before starting to pay the IMF after renegotiating the clauses?
You have to insist on something. The governance factor has gained a lot of weight in recent weeks. The market sees Javier Milei, volatile in the definitions of him, with low support in parliament, less experience in the public sector and with a meager team.
Almost in complete contrast, in the opinion of much of the business community, Massa is strong in all these concepts. Strictly speaking, one can even read its own path that, although it draws on the sources of classical Peronism and even traditional centrism, He has also been concerned with cultivating his own view of such relevant issues as foreign policy, international trade and the definition of strategic issues.lithium, Vaca Muerta, energy transition, promotion of exports, to randomly mention a few.
Different exponents of the high world of economics and business add a no small detail, a paradox. The local financial front is so delicate that only someone who has full access to the decision-making table can have a chance of taming these variables.. In this way, the position of Minister of Economy would have served Massa to demonstrate to the establishment what he is capable of, assuming renewed support and the legitimization that a presidential election gives.
Needless to point out something fundamental. The logic of the ballot prevails at all times, That is to say, businessmen, with exceptions, recognize certain ideological affinities – not always Peronist – but their opinions are subordinated to that binary logic: there are two candidates and one of the two is the one who will make the decisions from now on. You have to choose the best.
Source: Ambito
