Weekly Wrap-Up, Week of April 27 | Confidence decline, bondholder fears, and privatization momentum
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Full thread on X: [https://x.com/ArgentinaBrief/status/2050714621095387519]
-Government confidence index hits lowest level since September, dropping 12.1% in April to 2.02 points — equivalent to Milei mustering roughly 40% of the vote if elections were held today.
-Bondholders increasingly focused on post-Milei risk, with October 2028 bonds trading 360 basis points above 2027 paper as the market prices in potential policy reversal after his term.
-Milei presents 20 charts defending his record at Fundación Libertad dinner, highlighting fiscal turnaround from 15% deficit to 0.2% surplus and inflation down from 289% to 33%.
-Vista Energy posts strong Q1 results with $865 million revenue and $694 million net income, up 58% year-over-year.
-YPF approves 10-for-1 stock split to boost retail participation, while Genneia-Edison submits top bid for Transener privatization.
The tension between improving economic fundamentals and declining public confidence — can Milei sustain the reform agenda through 2027? Let us know what you think in the comments!