HSBC flags Mexico growth as Argentine rentals rise and fintech yields soar

HSBC's monthly investment outlook notes the resilience of the U.S. economy, AI‑driven corporate profit growth and moderating inflation, and projects Mexico's economy to grow around 1.1 % in 2026 with inflation easing and the central bank keeping the policy rate at 6.5 % for the rest of the year. It recommends U.S. equities, investment‑grade corporate bonds, short‑ to medium‑term Mexican government debt and gold, while urging caution on the T‑MEC review, U.S.–Mexico trade relations, geopolitics and fiscal consolidation.

In Argentina, a real‑estate report places Posadas among the nation’s most expensive rental markets, with two‑room apartments averaging about $872 per month and three‑room units exceeding $1,200. At the same time, fintech platforms such as Cocos and Ualá are offering short‑term, high‑yield virtual‑wallet accounts, with Cocos delivering a nominal annual rate of 27.93 % and Ualá 26 %.

A City‑based broker, IEB, announced a $1 million allocation to Argentine equities, concentrating on oil‑and‑gas firms (YPF, Pampa Energía) and banks (Banco Macro, BBVA Argentina), which together account for 70 % of the portfolio. Analysts note that bond and equity strategies for the second half of 2026 are shaped by slowing inflation and a near‑record low country‑risk premium, but remain sensitive to electoral uncertainty, prompting diversified recommendations across fixed‑income, UVA‑adjusted deposits and selective stocks.