Latam 8 May 18

LATAM8 Brief  Reports

 

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Latam 8 May 18

The currency run that depreciated the peso 30% so far this year is having an impact. The government’s image dropped to the lowest levels since Macri took office in late 2015, as its positive image is now below 40%. While it still has over a year to make a comeback, the perception that many political analysts had that his re-election was almost ensured is now questioned. Macri is still the frontrunner, but he may lose in a second round if the economy does not recover by the middle of the next year.