Investors betting on Argentina’s stock market could make a return of 258% in five years, according to analysts at Morgan Stanley. Argentina is returning to economic and political normality after years in the capital markets wilderness following its 2002 debt default and financial collapse, Morgan Stanley said in a note to clients.
While a 258% return on Argentine stock investments is the best-case scenario, the investment bank said a 133% return is the most likely.
“We believe the deepening of Argentina’s capital market will trigger roughly US$230 billion in net financing and foreign direct investment over the next five years, and we expect Argentina’s role and prominence in fixed income and equity investment portfolios to grow,” the analysts said.
”The journey has just begun and it is not too late to buy Argentina: In our base case scenario, we forecast MSCI Argentina should reach circa 5,700 points by 2021YE (+133% in USD; +18% CAGR).“
The analysts said that returns could top 250% if economic reforms are implemented quickly: ”In an optimistic scenario, the economy quickly normalizes and the government is able to implement far reaching structural reforms that lift potential real GDP growth to +4.0% per year.“
”This backdrop would be extremely supportive for equities and we project MSCI Argentina to close to 8,800 points after 5 years (+258% in USD; +29% CAGR),” Morgan Stanley said.
If things do not go to plan, the most Morgan Stanley sees investors losing over that period is 18%, making the risk worth the potential reward.
Fifteen years after defaulting on more than US$90 billion of sovereign debt, Argentina returned to the bond market in April last year. The country raised around US$15 billion from its bond sale, but attracted orders worth US$65 billion.
While former President Cristina Fernandez de Kirchner struck a combative tone in her dealings with bondholders, new President Mauricio Macri made finalizing negotiations with creditors and issuing new debt a policy priority.
BRUSSELS – Mercosur and the European Union will resume negotiations today (April 24) and until Friday 27, in order to conclude the negotiations to give way to the signing of a Free Trade Agreement (FTA). […]
November 27, 2018Web EditorComments Off on Canadian journalist covering G-20 Summit tastes Buenos Aires crime and justice
BUENOS AIRES – Days after the Libertadores Cup fiasco that proved the city’s security authorities inability to escort just one bus, Canadian journalist John Kirton was robbed off his belongings Tuesday in downtown Buenos Aires, […]
BUENOS AIRES – Argentine judicial authorities have begun examining a submission concerning the role of Saudi Crown Prince Mohammed Bin Salman in connection with alleged war crimes by the Saudi-led coalition in Yemen and torture […]
6 Comments
60235 512094Nice blog here! after reading, i decide to buy a sleeping bag ASAP 160160
675759 501376This is a good topic to talk about. Generally when I find stuff like this I stumble it. This article probably wont do effectively with that crowd. I will be sure to submit something else though. 183012
Thrilling Advancements and Renowned Releases in the Sphere of Digital Entertainment
In the dynamic domain of videogames, there’s perpetually something new and engaging on the cusp. From customizations elevating beloved mainstays to forthcoming debuts in celebrated franchises, the videogame realm is thriving as ever.
Here’s a snapshot into the latest news and certain the renowned titles engrossing enthusiasts worldwide.
Most Recent News
1. New Mod for The Elder Scrolls V: Skyrim Improves Non-Player Character Visuals
A latest modification for Skyrim has captured the attention of fans. This customization implements lifelike faces and hair physics for each supporting characters, elevating the game’s graphics and depth.
2. Total War Series Release Located in Star Wars Universe Realm Being Developed
Creative Assembly, renowned for their Total War Games franchise, is allegedly working on a forthcoming game placed in the Star Wars world. This captivating collaboration has fans awaiting the analytical and engaging adventure that Total War releases are celebrated for, now set in a realm remote.
3. Grand Theft Auto VI Launch Communicated for Autumn 2025
Take-Two’s Leader has communicated that Grand Theft Auto VI is expected to arrive in Late 2025. With the colossal acclaim of its predecessor, GTA V, players are awaiting to explore what the next sequel of this renowned franchise will deliver.
4. Growth Strategies for Skull & Bones Second Season
Developers of Skull and Bones have announced enhanced developments for the world’s sophomore season. This swashbuckling adventure provides fresh content and improvements, sustaining enthusiasts captivated and engrossed in the universe of high-seas piracy.
Sadly, not every updates is favorable. Phoenix Labs, the creator in charge of Dauntless Experience, has revealed large-scale workforce reductions. Notwithstanding this setback, the title persists to be a popular option among fans, and the developer remains dedicated to its playerbase.
Iconic Games
1. The Witcher 3
With its captivating story, engrossing universe, and captivating gameplay, Wild Hunt remains a revered release across enthusiasts. Its intricate story and vast sandbox remain to draw gamers in.
2. Cyberpunk 2077
Despite a problematic release, Cyberpunk 2077 keeps a eagerly awaited game. With continuous improvements and enhancements, the release keeps advance, delivering gamers a perspective into a cyberpunk environment filled with peril.
3. Grand Theft Auto V
Still decades post its first release, GTA V stays a renowned selection amidst players. Its wide-ranging free-roaming environment, engaging experience, and online mode keep players coming back for more journeys.
4. Portal 2
A classic analytical title, Portal is praised for its pioneering gameplay mechanics and ingenious level design. Its demanding conundrums and clever storytelling have solidified it as a standout release in the digital entertainment realm.
5. Far Cry
Far Cry 3 Game is praised as a standout installments in the universe, offering enthusiasts an open-world exploration rife with danger. Its immersive plot and iconic characters have solidified its status as a beloved release.
6. Dishonored Series
Dishonored Series is praised for its stealth systems and exceptional realm. Fans embrace the role of a supernatural executioner, navigating a city abundant with governmental intrigue.
7. Assassin’s Creed 2
As part of the acclaimed Assassin’s Creed Series collection, Assassin’s Creed Game is adored for its compelling narrative, enthralling mechanics, and period environments. It continues to be a exceptional game in the universe and a iconic amidst gamers.
In conclusion, the realm of gaming is vibrant and dynamic, with new advan
28233 605477Aw, i thought this was quite a excellent post. In concept I would like to devote writing such as this moreover – spending time and actual effort to produce a great article but exactly what do I say I procrastinate alot by no means manage to get something done. 402856
580214 698379Soon after examine a couple of with the weblog posts on your web site now, and I really like your way of blogging. I bookmarked it to my bookmark internet site list and shall be checking once more soon. Pls try my website online as properly and let me know what you think. 49799
948962 909517Thanks for the weblog loaded with so a lot of data. Stopping by your blog helped me to get what I was seeking for. 548185
60235 512094Nice blog here! after reading, i decide to buy a sleeping bag ASAP 160160
675759 501376This is a good topic to talk about. Generally when I find stuff like this I stumble it. This article probably wont do effectively with that crowd. I will be sure to submit something else though. 183012
Thrilling Advancements and Renowned Releases in the Sphere of Digital Entertainment
In the dynamic domain of videogames, there’s perpetually something new and engaging on the cusp. From customizations elevating beloved mainstays to forthcoming debuts in celebrated franchises, the videogame realm is thriving as ever.
Here’s a snapshot into the latest news and certain the renowned titles engrossing enthusiasts worldwide.
Most Recent News
1. New Mod for The Elder Scrolls V: Skyrim Improves Non-Player Character Visuals
A latest modification for Skyrim has captured the attention of fans. This customization implements lifelike faces and hair physics for each supporting characters, elevating the game’s graphics and depth.
2. Total War Series Release Located in Star Wars Universe Realm Being Developed
Creative Assembly, renowned for their Total War Games franchise, is allegedly working on a forthcoming game placed in the Star Wars world. This captivating collaboration has fans awaiting the analytical and engaging adventure that Total War releases are celebrated for, now set in a realm remote.
3. Grand Theft Auto VI Launch Communicated for Autumn 2025
Take-Two’s Leader has communicated that Grand Theft Auto VI is expected to arrive in Late 2025. With the colossal acclaim of its predecessor, GTA V, players are awaiting to explore what the next sequel of this renowned franchise will deliver.
4. Growth Strategies for Skull & Bones Second Season
Developers of Skull and Bones have announced enhanced developments for the world’s sophomore season. This swashbuckling adventure provides fresh content and improvements, sustaining enthusiasts captivated and engrossed in the universe of high-seas piracy.
5. Phoenix Labs Developer Undergoes Personnel Cuts
Sadly, not every updates is favorable. Phoenix Labs, the creator in charge of Dauntless Experience, has revealed large-scale workforce reductions. Notwithstanding this setback, the title persists to be a popular option among fans, and the developer remains dedicated to its playerbase.
Iconic Games
1. The Witcher 3
With its captivating story, engrossing universe, and captivating gameplay, Wild Hunt remains a revered release across enthusiasts. Its intricate story and vast sandbox remain to draw gamers in.
2. Cyberpunk 2077
Despite a problematic release, Cyberpunk 2077 keeps a eagerly awaited game. With continuous improvements and enhancements, the release keeps advance, delivering gamers a perspective into a cyberpunk environment filled with peril.
3. Grand Theft Auto V
Still decades post its first release, GTA V stays a renowned selection amidst players. Its wide-ranging free-roaming environment, engaging experience, and online mode keep players coming back for more journeys.
4. Portal 2
A classic analytical title, Portal is praised for its pioneering gameplay mechanics and ingenious level design. Its demanding conundrums and clever storytelling have solidified it as a standout release in the digital entertainment realm.
5. Far Cry
Far Cry 3 Game is praised as a standout installments in the universe, offering enthusiasts an open-world exploration rife with danger. Its immersive plot and iconic characters have solidified its status as a beloved release.
6. Dishonored Series
Dishonored Series is praised for its stealth systems and exceptional realm. Fans embrace the role of a supernatural executioner, navigating a city abundant with governmental intrigue.
7. Assassin’s Creed 2
As part of the acclaimed Assassin’s Creed Series collection, Assassin’s Creed Game is adored for its compelling narrative, enthralling mechanics, and period environments. It continues to be a exceptional game in the universe and a iconic amidst gamers.
In conclusion, the realm of gaming is vibrant and dynamic, with new advan
28233 605477Aw, i thought this was quite a excellent post. In concept I would like to devote writing such as this moreover – spending time and actual effort to produce a great article but exactly what do I say I procrastinate alot by no means manage to get something done. 402856
580214 698379Soon after examine a couple of with the weblog posts on your web site now, and I really like your way of blogging. I bookmarked it to my bookmark internet site list and shall be checking once more soon. Pls try my website online as properly and let me know what you think. 49799
948962 909517Thanks for the weblog loaded with so a lot of data. Stopping by your blog helped me to get what I was seeking for. 548185