The fate of Argentina and that of other emerging market nations with debt problems could be resolved as early as today as the US Supreme court is set to take up the issue of Argentina vs the “hold outs.” Supreme Court could choose to hear Argentina’s appeal of a lower court ruling In taking up the matter today, the Supreme Court could choose to hear Argentina’s appeal of a lower court ruling that ordered it to pay bondholders who rejected the negotiated agreement. This would be a win for Argentina and would force a protracted trial with the hold out…
Argentina Debt Dispute With "Holdouts" Heard Today
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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