- 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.
Argentinian Canary In The Coal Mine?
May 22nd, 2018 · No Comments
Tags: Emerging Markets