A tough defeat in local elections in Buenos Aires Province laid bare a situation of absolute precariousness, with both markets and the political class testing his resolve. Milei, the far-right outsider, is beginning to look like Chilean President Gabriel Boric, the leftist outsider who has fallen from grace. According to a recent study put together by pollsters AtlasIntel, Milei and Boric are polling almost exactly the same. They now have the capacity to inflict real political pain on Milei by blocking his policies dictated by emergency decrees. While projections were completely off for the local elections in Buenos Aires Province, the Milei administration is hoping for a win on October 26.