Adelmo Gabbititle of the Buenos Aires Stock Exchangespoke exclusively with the Ámbito journalist, Liliana Franco, during the 29th Industrial Conference under the motto “There is industry, there is future”. In a one-on-one discussion, he assured him that it is a “good time to invest in the country,” that he trusts Javier Milei’s management and that the country must learn “not to spend more than it has.”
Liliana Franco: What reflection did you have about what Guillermo Franco said?
Adelmo Gabbi: I found it very interesting and fundamentally it gave me hope. I believe that the only possibility that Argentina has to get out of this situation is not that money comes from heaven, that the country spends less, it is that let’s overcome the crack. Because the crack hurts us, it eats us away constantly. When Argentina plays soccer, when it wins a championship, that is the friendship, the affection that we have to have every day of the year. Especially at this time when we are in an extremely difficult situation. and that there is a possibility of improving it. We have improved the quality of leaders since the last election.
LF: The stock market had a rebound in Argentine companies, do you think that trend will continue?
AG: It must be taken into account that Argentine companies are also valued at the blue dollar. By falling below $900, it will be difficult for the market to maintain values in pesos. For those who have money to invest, who do not need to consume their own money, You have only one way to buy Argentina.
LF: Is buying Argentina buying shares on the stock market?
AG: There is no other possibility, The best way for all of us is to invest in the country with our savings. And I think this is the time to invest in the country.
LF: What measure would you ask of Javier Milei?
AG: That I should do what my Italian grandfather who was in sixth grade taught me and that is “you should never spend more than you have.” You don’t have to spend more than you receive. Argentina needs to stop spending more than it receives, stop wasting money, stop populism and build a homeland. How do you become a homeland? taking care of Argentines’ money.
LF: Are there any regulations that are hindering the capital market?
AG: All regulations complicate and hinder But you cannot ask a ruler to remove the obstacles at the beginning. They are going to realize it absolutely on their own. If President Milei has something, it is that he wants to unblock, that he wants to make transparent and on that path we accompany him and believe in his positivity.
Ordinary citizens, on a day-to-day basis, can invest safely because From January to January the stock market will win.
Source: Ambito
