The following is a summary of the main talking points:
1:53 What are the major issues blocking Argentina from reaching a solution with creditors?
5:07 How large is the total payment that the country will have to make to settle with the so-called ‘vulture funds’.
7:01 At what rates do you believe the market will absorb the initial issuance of the expected $12 billion debt issuance?
10:10 What are currently the biggest worries for potential investors? Is it the fiscal deficit (currently 7.6% of GDP), or the government’s ability to make payments due on April 14?
14:01 Which subsidies have the government recently removed? How has the population responded to the 300-400% price increases? Are the rumors about pending reductions in VAT and income tax true?
19:14 Argentina has been internationally criticized for publishing false economic statistics in previous years. Do institutional investors believe that reporting integrity has been restored?
25:25 Argentina has the lowest investment to GDP ratio in the LatAm region (16%). How much policy emphasis will the government be placing on investment versus consumption-driven growth?
28:41 What is the best way for foreign investors to gain exposure to Argentina right now? What asset classes require a local account?
33:45 On the equity side, which listed companies are Puente currently recommending? What are currently the most liquid stocks in Argentina?
36:07 What is your front-running pick for a local equity that is not listed abroad?
38:35 Which Argentinian companies have ADRs that merit a closer look?
40:22 Why do you believe the equities market might contract in 2016? When do you expect the recovery to take root?
43:40 How might a potential Dilma Rousseff impeachment in Brazil impact Argentina?