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Argentinian Canary In The Coal Mine?

May 22nd, 2018 · No Comments

  • Argentina seems to be the first victim of a more difficult international climate for emerging markets.
  • In a way, this is somewhat surprising as the country isn’t on the brink of a default and there aren’t bank runs and the economy still grows, this isn’t 2001.
  • However, there are no easy solutions and should the more difficult climate, with a higher US dollar and higher US rates continue, it’s unlikely to be the only victim.

Source: Argentinian Canary In The Coal Mine? | Seeking Alpha

Tags: Emerging Markets