[Politics] Political uncertainty: What do experts recommend for investing in this context?

[MosterOfficial ☆]

Faced with a renewed scenario of internal uncertainty after the change of command, investment decisions have become even more complicated. Precisely, the situation is being impacted not only by the concerns of the Delta variant, but also by the upcoming political decisions of the new state administration. In the midst of this panorama, César Fuentes, director of Esan's Master in Public Management, recommends maintaining caution until the price of the dollar can stabilize.

 

"In the short term, staying in dollars or perhaps putting [the money] in a box with a high interest rate in soles, is a defensive mechanism," says the specialist. "More than winning, what people want is not to lose the savings they have had," he stressed.

 

In turn, Carlos Casas, dean of the Faculty of Economics and Finance of the Universidad del Pacífico, considered that it is advisable to apply the ‘wait and see’ strategy. "There is still a lot of fog that does not allow us to envision how the future is coming," he said. With that in mind, he suggested people be cautious as it would be a "high risk" gamble to invest at this point. "I would keep my positions where they are, keeping the resources in their currency and with the highest possible returns," he said. To monitor In the local panorama, the experts point out that a factor to observe will be the continuity of the Minister of Economy, Pedro Francke; and the president of the Central Reserve Bank, Julio Velarde. "That will give stability at least in the monetary and financial part, which is important," Fuentes noted. "That is a first pillar," he added. Meanwhile, Casas said that it will be relevant to continue to express clear signals for investment, since "it is the sustainable way to generate employment and increase people's income." Finally, the specialist highlighted that the international outlook is favorable since, for example, the prices of metals such as copper are at high levels. Consequently, this would generate significant levels of collection.

 

Politics