juan carlos ureta


“If You Accept Zero Rates As Structural, The Valuations Change A Lot”

Fernando Rodríguez | “Traditionally, the major correlation in stock markets has been between actual or expected corporate earnings and prices. Right now, for several years, the most direct correlation has been between the stock price of an index and the balance sheet of its respective central (…). Today the market is discounting that there is no limit to this race and futures are assuming a zero rates until 2030. I believe this has a limit and is not what the market thinks about,” explains Juan Carlos Ureta, Chairman of Renta 4.

Trump policies

“The Positive Side Of Trump’s Policies Is Reflation”

Gustavo Matías |Donald Trump’s victory has been welcomed by the markets but it has opened the door to a new scenario of uncertainty for monetary policies. President of Renta 4 Bank Juan Carlos Ureta believes that interest rate hikes are now urgent to achieve “monetary normalisation”.