Argentina: 5 Key Questions

PGIM Fixed Income

August 2019

Cathy Hepworth, CFA, Co-Head of the Emerging Markets Debt Team and Francisco Campos-Ortiz, PhD, Latin America Economist, Macroeconomic Research Team

The unexpected and shocking defeat of President Macri and his center-right party in the Argentine primaries on August 11 has led to a significant repricing of Argentina assets.

In addition to providing revised macro forecasts given our base case that the Fernandez ticket wins the October election, we provide perspective on 5 key questions regarding how events may unfold in Argentina going forward.