Articles Tagged with argentina stock market exposure

The Argentina Stock Market Exposure: Why U.S Investors Could Be Facing Big Losses 

In August 2019, Argentina’s stock market dropped almost 50% after primary polls indicated that the current president of Argentina, Mauricio Macri (“Macri”), was in serious jeopardy of losing his October 27, 2019 re-election bid.  

The large drop in Argentina’s stock market also sent shockwaves across the South American country’s debt market, as investors feared that Argentina was poised for another debt default, the second one in recent memory.