What to do with the weights after the strong rise of the dollar and the collapse of shares and bonds

The electoral results in the province of Buenos Aires were very negative for the ruling and much worse than expected by the market. For this reason, The dollar reached an annual record and The actions and bonds collapsed on Wall Street. In this context, savers began to wonder What to do with pesos Not to suffer the consequences.

Specifically, The official dollar reached $ 1,450while the exchange rates MEP and CCL advanced up to $ 1,445, on average. In this way, compared to Friday, there were 5%increases. In comparison, the roof of the band established by the Government is around $ 1,465.

In turn, Argentine shares that quote in the US market fell to 25%so the Merval index measured in dollar CCL sank 18% to the lowest level from August 2024.

What to do with weights in the midst of volatility

In this framework, specialists agree that, to protect the weights and protect capital, The key is in dollarize.

“The market interpreted the provincial elections as a great survey. For foreign investors, the clearest winner is the current governor of the province of Buenos Aires, remembered for having nationalized YPF. That reading explains the panic observed in the session: probably exaggerated but not unfounded. In front of this scenario, how can the retail investor be protected? The most practical option is to dollarize the portfolio and subscribe offshore funds, such as Schroders Total return 4 or Galileo Inome, among many others. In this way, from a local principal account, the investor can access instruments that protect him from the Argentine risk, “ The independent financial advisor told Mariano Monferini.

For its part, the consultant Abel Cuchietti He argued that the quotes of the Negotiable Obligations (ON) Hard Dollarwith casualties of “barely” 2% in some cases. “The most conservative ONS such as those of Pan American Energy or Vista Energy remain unchanged, and even at times they rise in price. In return, they give minor yields, around 7%,” The Executive said.

In this line, the advisor Fernando Villar He agreed that, in the case of people who have dollarized assets, either through negotiable obligations or some other conservative assets such as Latin American funds, “the effect is void.” “People looking for some protection can go to such assets. Naturally negotiable obligations are Argentine assets that can have some risk, but in the case of Latin American assets, which can be accessed from funds or directly opening an account abroad, offer full protection for an investor that seeks long -term medium stability,” he added.

Meanwhile, Cuchietti clarified that, for which he is extremely conservative, there are two more options: get totally liquid in dollarsalthough they do not yield anything, or place the capital in Caution no more than 30 daysdue to an annual nominal rate (TNA) between 3% and 4%.