ARGT - Argentina Update: Election Year Instability
Rising debt, persistent inflation and a protracted recession in Argentina have driven market volatility higher over the last 18 months. In addition to these economic woes, currency weakness and political uncertainty related to the upcoming presidential elections have investors on edge. Yet despite these challenges, Argentina has surprised many as a standout performer against other emerging markets this year. Tensions between politics, macroeconomic factors, and the markets demonstrate that Argentina is at an important inflection point, which may set the tone for years to come.
Cycling Through: Elections and the Economy
This year, Argentine markets