Grupo Galicia Stock Skyrockets as Milei’s Victory Fuels Argentina’s Bank Rally – What’s Next for GGAL?
Milei’s Midterm Triumph Spurs Market Euphoria Argentine President Javier Milei celebrates with supporters after a decisive midterm election victory, which has boosted market confidence. Argentina’s political drama took a bullish turn this weekend as President Javier Milei’s ruling coalition scored a decisive win in midterm legislative elections. Voters handed Milei a strong mandate to continue his radical free-market reforms, despite the pain of deep spending cuts and 100%+ interest rates. According to official results, Milei’s libertarian La Libertad Avanza party won ~41.5% of the vote in the key Buenos Aires province (outpacing the Peronist opposition’s 40.8%) reuters.com – a shock