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A "run" by the end of session causes great alarm
Columnist for Ámbito Financiero
As Menem (former president) was adding fuel to the fire and governmental authorities were sending messages from abroad, our economy -which has turned into a hut- was observing how its thatched roof burnt.
An "evil week", after the Holy one, with a country risk going over the peak and reaching almost 1,050 points and people selling securities of any kind.
Merval lost about 8%, almost reaching the level of February 2000 (410 points). If no soothing effect turned up during the weekend, we'd rather hide under the bed today...
The expectations about Cavallo acted like a counterirritant and do not bear more dialectics or challenges. Watch out.
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