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Argentina's Peso, Bond Markets, And Stock Exchange Crashes After President Macri's Party Loses In Primary Election - Hallo friend WELCOME TO AMERICA, In the article you read this time with the title Argentina's Peso, Bond Markets, And Stock Exchange Crashes After President Macri's Party Loses In Primary Election, we have prepared well for this article you read and download the information therein. hopefully fill posts Article AMERICA, Article CULTURAL, Article ECONOMIC, Article POLITICAL, Article SECURITY, Article SOCIAL, we write this you can understand. Well, happy reading.

Title : Argentina's Peso, Bond Markets, And Stock Exchange Crashes After President Macri's Party Loses In Primary Election
link : Argentina's Peso, Bond Markets, And Stock Exchange Crashes After President Macri's Party Loses In Primary Election

Argentina's Peso, Bond Markets, And Stock Exchange Crashes After President Macri's Party Loses In Primary Election

Zero Hedge: Macri Massacre Cuts Stocks In Half Today As Argentina Slides Into The Abyss

In a stunning move, Argentina's MERVAL stock index was cut in half today, crashing 48% in USD terms on the day.

As Bloomberg reports, this is the second-biggest one-day rout on any of the 94 stock exchanges tracked by Bloomberg going back to 1950.

Read more ....

Update #1: Argentina's stock exchange crashes after President Macri's party loses in primary election (WION/AFP)
Update #2: Argentina's peso, stock exchange plunge after Macri vote defeat (DW)

WNU Editor: I have seen stock market crashes before, but never one where the exchange lost almost half of its value in one day. According to Bloomberg, this is the second biggest drop that I have seen in a stock market since 1950. As to what is my take. Considering the very real possibility that Populist Peronist candidate Alberto Fernández is most likely going to win the Presidency later this year, and who is already promising a doubling down of past policies that put Argentina where it is today, if I was an investor I would be bailing out of the country right now.

Zero Hedge: Macri Massacre Cuts Stocks In Half Today As Argentina Slides Into The Abyss

In a stunning move, Argentina's MERVAL stock index was cut in half today, crashing 48% in USD terms on the day.

As Bloomberg reports, this is the second-biggest one-day rout on any of the 94 stock exchanges tracked by Bloomberg going back to 1950.

Read more ....

Update #1: Argentina's stock

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exchange crashes after President Macri's party loses in primary election (WION/AFP)
Update #2: Argentina's peso, stock exchange plunge after Macri vote defeat (DW)

WNU Editor: I have seen stock market crashes before, but never one where the exchange lost almost half of its value in one day. According to Bloomberg, this is the second biggest drop that I have seen in a stock market since 1950. As to what is my take. Considering the very real possibility that Populist Peronist candidate Alberto Fernández is most likely going to win the Presidency later this year, and who is already promising a doubling down of past policies that put Argentina where it is today, if I was an investor I would be bailing out of the country right now.

Thus articles Argentina's Peso, Bond Markets, And Stock Exchange Crashes After President Macri's Party Loses In Primary Election

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