MMonthly Report

#165 Special Report: IMF. Choose your own program. (And the related 2021 path)

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  1. With the vaccine, the world toasts to another opportunity.
  2. Agreement with the IMF. What agreement and when?
    2.1. Fiscal pressure
    2.2. Monetary Squeeze to constrain the foreign exchange leap?
  3. 2021 Scenarios. Foreign exchange gap and relative prices.
  4. The game of statistical carry-forwards
  5. Relative prices. Some historical background.
  6. Bonds prices: Global liquidity, the market’s technical position and the political side.
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#165 Special Report: IMF. Choose your own program

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