Tuesday, March 11, 2014

Chile on 2014

Since some of my friends have been asking me to be more specific on what I think will happen with Chile this year, I will give you my targets for 2014:

1) GDP growing at 2.5 -3.0%
2) Exchange rate 630 -650
3) Interest rates to drop by 1%
4) Inflation running at 3.5 to 4%
5) IPSA touching 3200
6) Copper spot to range between 2.5 to 3
7) Real Estate flat to down 10% on Avg.
8) Increased government spending due to social pressure
9) Decrease on foreign investment

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