Wharton Business on Argentina, “a sound investment”!
Here is timely article from Wharton University. Needless to say we were very happy to see this report, and we agree with the statements below. Even though we’ve been at this for a while, we believe that now is the inflection point and that we are at the beginning of a broad movement throughout all Argentine markets.
Wharton lecturer Stephen Sammut says Argentina is an upper middle-class country that has had “an extraordinary history of over 200 years of economic turmoil” but has been “doing almost everything right” lately under the reformist administration of President Mauricio Macri…If Argentina continues on the upswing – and I believe that it will – then this is actually an extremely good time to invest” in the country. That’s because the “opportunities are probably very significant and the competition for deals is lower than it will be in the future…. This is the calm before the storm. And savvy people who are looking for a foothold in Latin America may see this as a golden opportunity. Within a year or two, things will probably start really accelerating – and by that point, the opportunities will probably be fewer – and more expensive. So, for an astute investor who wants to get ahead of the curve, this could be a good time.”