President Javier Milei cannot win or lose the upcoming midterms in any absolute terms – any overall majority is beyond his grasp with only 151 of the 329 parliamentary seats at stake, while a failure to improve on the two La Libertad Avanza seats of the 2021 midterms (won by the two halves of the 2023 presidential ticket) looks equally impossible. It all depends on the yardstick – if measured against those two seats, even the most pessimistic scenario would look fantastic but if the benchmark is his 2023 run-off vote of 56 percent, even an optimal performance would be disastrous. All shades of grey – whether dark or light would depend for now on whether Donald Trump has done the trick or whether the macroeconomic continues trickling down too slowly to the microeconomic with new twists and turns all possible in this final month now starting.
The most direct pointer is always going to be the opi
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