What's At Stake For Key Participants In Argentina Debt Issue?

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Mark Melin
Published on
Updated on

Argentina debt issue …. As Argentina’s Finance Minister Alfonso Pratt-Gay was speaking to reporters yesterday evening, saying a deal with hold-out hedge funds will be presented to Congress this week, all participants might reflect on a 15-year journey that devolved in a battle against the developed world financial establishment. It is unclear if Pratt-Gay’s decidedly message of growth and economic stability was the take away on the mind of former Argentine President Cristina Fernandez de Kirchner. What she might have learned is that appearing to disrespect the legal system is not a high percentage play. Kirchner fought the law and the law won. For U.S. District…

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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.