Pierre Smith
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- Mar 12, 2018
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I won't pretend I know anything about the labyrinthine snake pit that is Argentine politics (sorry for the mixed metaphor), but for whatever it's worth, it strikes me that the current market conditions - as measured by the Merval and which are okay, considering - do tend to suggest that traders believe we're going to see more of the same, or possibly some moderation, not further retrenchment and radicalization.
Then again, you see this and you wonder where the money will come from if not the IMF or more insane confiscatory taxes.
Then again, you see this and you wonder where the money will come from if not the IMF or more insane confiscatory taxes.
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