As Argentina moves closer to default, having negotiated through the night and planning on engaging in additional talks today, two other smaller nations are watching the case carefully and could follow Argentina’s lead once the dust settles. Argentina has just begun to meet in earnest As the negotiations come close to the end point, and Argentina has just begun to meet in earnest, speculation is the “holdouts” will be offered one last take it or leave it offer just before the deadline approaches, as we have previously reported in ValueWalk. [In a late development, Reuters is reporting that Argentina may…
Nations Watch Argentina As IMF Likely to Scold US Courts
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.