Argentina has been making headlines pretty regularly recently and not for the best reasons. Argentina-related assets have been under immense pressure over the last month as the economy faced a confidence crisis based on multiple internal and external factors. The peso weakened over 20% since April 26th, when the currency started suffering market pressures. The 2.5-year old market-friendly Macri administration suffered its first major economic test in the middle of its gradualist reform program and had to resort to the IMF for stabilization assistance. Although volatility has settled, investors are still nervous.
We analyze the