Milei started better than expected and Argentina will have a surplus, says BofA. Brazil, on the other hand...
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Bank of America believes that the Javier Milei Government started off better than expected, presenting an ambitious plan to address Argentina's twin deficits - the gaps in public accounts and external accounts. A sign of the positive surprise, says the BofA, was the stronger-than-expected rally of Argentine bonds since the inauguration of the new government. In the report “Argentina: a good start,” strategist Sebastian Rondeau highlights initiat…
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