Política monetaria del Central, inflación y dólar

Con la presentación que hizo Sturzenegger ayer por la tarde, en la que hizo hincapié sobre las mejores condiciones que tiene la Argentina en cuanto a la inflación de enero del 2017, quedó claro que existe la posibilidad concreta de una reducción adicional en la tasa de referencia. Por Alejandro […]

Con la presentación que hizo Sturzenegger ayer por la tarde, en la que hizo hincapié sobre las mejores condiciones que tiene la Argentina en cuanto a la inflación de enero del 2017, quedó claro que existe la posibilidad concreta de una reducción adicional en la tasa de referencia.
Alejandro Bianchi

Por Alejandro Bianchi, gerente de inversiones de InvertirOnline.com

En la presentación de Sturzenegger se mostró como la inflación núcleo, la variable principal que sigue el Banco Central, a principios de 2018 se ubica en 18.5 contra el 23.1 de enero 2017, lo cual genera para la autoridad monetaria una tasa real positiva de 10.5%, que puede resultar demasiado elevada y sería el motivo por el cual habría algún  eventual recorte adicional en la tasa.

Impacto en el mercado de valores en caso de un nuevo recorte, o no, de las tasas

Si el recorte se convalida, seguramente los bonos ajustados con CER serán los más beneficiados, debido a que el mercado podría juzgar que el Central está privilegiando crecimiento económico por sobre el control de la inflación. Ante este panorama, es de esperar que haya algunos meses más de inflación alta por delante y eso podría beneficiar a estos bonos.

Qué deberán tener en cuenta inversionistas y ahorristas en los próximos días

El inversionista o el ahorrista deberá prestar atención a la variable clave que será el dólar. Ayer el Tesoro adjudicó 1.500 USD millones y eso mantiene a raya todavía el tipo de cambio. Ahora bien, de acuerdo al anuncio sobre la reducción del financiamiento en dólares en este 2018, la mayor expectativa de inflación podría tener algún impacto adicional en el tipo de cambio. En este caso, para cubrirse de los efectos adversos, lo más recomendable es mantener una parte del portafolio en bonos en dólares, que a su vez pueden beneficiarse de una reducción de 100 puntos básicos adicionales en el riesgo país durante el año.

115 thoughts on “Política monetaria del Central, inflación y dólar

  1. I would like to thank you for the efforts you have put in penning this website. I’m hoping to see the same high-grade blog posts from you in the future as well. In fact, your creative writing abilities has inspired me to get my own, personal blog now ;)|

  2. I’m curious to find out what blog platform you’re using? I’m having some minor security issues with my latest site and I’d like to find something more safe. Do you have any solutions?|

  3. Somebody necessarily lend a hand to make severely posts I might state. That is the very first time I frequented your website page and to this point? I surprised with the analysis you made to make this particular post extraordinary. Excellent activity!|

  4. Hello! I just wanted to ask if you ever have any problems with hackers? My last blog (wordpress) was hacked and I ended up losing months of hard work due to no backup. Do you have any methods to stop hackers?|

  5. Virtually all of whatever you point out is astonishingly appropriate and it makes me ponder why I had not looked at this in this light before. This article truly did switch the light on for me as far as this issue goes. Nonetheless there is actually 1 factor I am not really too cozy with and whilst I make an effort to reconcile that with the central theme of your issue, permit me observe exactly what all the rest of the visitors have to say.Nicely done.

  6. Hey just wanted to give you a quick heads up. The words in your content seem to be running off the screen in Chrome. I’m not sure if this is a formatting issue or something to do with web browser compatibility but I thought I’d post to let you know. The layout look great though! Hope you get the issue resolved soon. Thanks

  7. I absolutely love your blog and find many of your post’s to be exactly I’m looking for. Would you offer guest writers to write content available for you? I wouldn’t mind writing a post or elaborating on a few of the subjects you write with regards to here. Again, awesome web site!

  8. Hiya, I’m really glad I have found this information. Nowadays bloggers publish just about gossips and net and this is really annoying. A good blog with interesting content, this is what I need. Thank you for keeping this site, I’ll be visiting it. Do you do newsletters? Cant find it.

  9. I got what you intend, regards for posting.Woh I am delighted to find this website through google. “You must pray that the way be long, full of adventures and experiences.” by Constantine Peter Cavafy.

  10. Hi there! I know this is somewhat off topic but I was wondering if you knew where I could locate a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having difficulty finding one? Thanks a lot!

  11. Hello, Neat post. There’s a problem with your site in internet explorer, would test this… IE still is the market leader and a large section of folks will miss your wonderful writing because of this problem.

  12. Hi there, just was alert to your weblog thru Google, and located that it is really informative. I am going to watch out for brussels. I will be grateful if you happen to proceed this in future. Numerous other people shall be benefited from your writing. Cheers!

  13. You could certainly see your enthusiasm within the work you write. The sector hopes for even more passionate writers such as you who aren’t afraid to say how they believe. At all times follow your heart. “Everyone has his day and some days last longer than others.” by Sir Winston Leonard Spenser Churchill.

  14. Hiya, I’m really glad I’ve found this information. Today bloggers publish just about gossips and net and this is really frustrating. A good blog with interesting content, that is what I need. Thank you for keeping this website, I’ll be visiting it. Do you do newsletters? Can’t find it.

  15. With havin so much written content do you ever run into any problems of plagorism or copyright violation? My site has a lot of unique content I’ve either authored myself or outsourced but it looks like a lot of it is popping it up all over the web without my authorization. Do you know any methods to help reduce content from being stolen? I’d certainly appreciate it.

  16. I’ll right away grab your rss feed as I can’t find your email subscription link or e-newsletter service. Do you’ve any? Kindly let me understand in order that I may just subscribe. Thanks.

  17. Thank you for the sensible critique. Me and my neighbor were just preparing to do a little research about this. We got a grab a book from our local library but I think I learned more clear from this post. I’m very glad to see such wonderful info being shared freely out there.

  18. The next time I read a weblog, I hope that it doesnt disappoint me as much as this one. I mean, I know it was my choice to learn, but I actually thought youd have something interesting to say. All I hear is a bunch of whining about something that you could repair if you werent too busy in search of attention.

  19. Hi! Quick question that’s totally off topic. Do you know how to make your site mobile friendly? My site looks weird when viewing from my iphone 4. I’m trying to find a template or plugin that might be able to correct this issue. If you have any recommendations, please share. With thanks!|

  20. I have been browsing online greater than three hours lately, but I by no means found any attention-grabbing article like yours. It¦s lovely worth sufficient for me. In my view, if all web owners and bloggers made just right content as you did, the net will be a lot more helpful than ever before.

  21. Hey there! Someone in my Facebook group shared this website with us so I came to check it out. I’m definitely loving the information. I’m bookmarking and will be tweeting this to my followers! Wonderful blog and excellent design and style.

  22. Oh my goodness! an amazing article dude. Thanks However I am experiencing concern with ur rss . Don’t know why Unable to subscribe to it. Is there anybody getting similar rss problem? Anyone who knows kindly respond. Thnkx

  23. I am extremely inspired with your writing abilities as smartly as with the structure on your weblog. Is that this a paid topic or did you modify it your self? Anyway stay up the excellent quality writing, it is uncommon to peer a nice weblog like this one today..

  24. It¦s in reality a nice and helpful piece of information. I am satisfied that you simply shared this helpful information with us. Please keep us up to date like this. Thanks for sharing.

  25. There are definitely numerous details like that to take into consideration. That may be a nice level to carry up. I provide the thoughts above as general inspiration however clearly there are questions just like the one you deliver up the place a very powerful thing might be working in sincere good faith. I don?t know if greatest practices have emerged round issues like that, however I am sure that your job is clearly identified as a good game. Each girls and boys really feel the impact of just a moment’s pleasure, for the remainder of their lives.

  26. Hey there! Someone in my Facebook group shared this site with us so I came to take a look. I’m definitely loving the information. I’m book-marking and will be tweeting this to my followers! Superb blog and excellent style and design.

  27. excellent post, very informative. I ponder why the opposite specialists of this sector don’t understand this. You must continue your writing. I’m sure, you have a huge readers’ base already!

  28. I was more than happy to search out this internet-site.I wanted to thanks in your time for this excellent read!! I positively having fun with each little bit of it and I’ve you bookmarked to check out new stuff you blog post.

  29. Thank you for sharing superb informations. Your web-site is so cool. I’m impressed by the details that you’ve on this website. It reveals how nicely you understand this subject. Bookmarked this website page, will come back for extra articles. You, my pal, ROCK! I found just the information I already searched all over the place and just could not come across. What a perfect web-site.

  30. After I originally commented I clicked the -Notify me when new feedback are added- checkbox and now each time a remark is added I get four emails with the identical comment. Is there any approach you may take away me from that service? Thanks!

Responder a hydroxychloroquine sulfate side effects Cancelar la respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

Siguiente nota

Maestría en Investigación de Mercados, Medios y Opinión

Dom Ene 28 , 2018
  La UCES anuncia que su exclusiva Maestría en Investigación de Mercados, Medios y Opinión comenzará en Abril de 2017. La Maestría en Investigación de Mercados, Medios y Opinión, es la única en el país con un equilibrado enfoque en métodos y técnicas de Investigación Cualitativas y Cuantitativas. El programa […]

Política monetaria del Central, inflación y dólar

tiempo de lectura: 1 min