It is clear that we are facing a new cycle in the financial sector as a result, mainly, of the tightening of monetary policies. Either raising rates or reducing stimuli. And in the case at hand it is about the two variables at the same time.

The current macro has become a puzzle of many pieces that are difficult to fit together: exorbitant inflation, soaring raw materials and more as a result of the invasion of Ukraine by Russia, the restrictions in China due to its policy of cer