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Analysis: Argentina election lures risk-taking investors to long-odds gamble reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Argentina's presidential race is enticing some risk-taking investors to place bets despite the long odds that a new government can steer South America's second-largest economy out of its deep crisis. While most traders are waiting on the sidelines, anxious about the election and unsure of libertarian frontrunner Javier Milei, some daring bond investors are moving in. Their gamble is that a more market-friendly government is likely to emerge from the Oct. 22 vote, whether it is headed by Milei, Patricia Bullrich, the main conservative rival, or Economy Minister Sergio Massa, the candidate of the ruling left-of-center Peronist coalition.
Argentina s presidential
race is enticing some risk-taking investors to place bets
despite the long odds that a new government can steer South
America s second-largest economy out of its deep crisis.
. -October 09, 2023 at 01:30 am EDT
- MarketScreener
Analysis-Argentina election lures risk-taking investors to long-odds gamble By Reuters investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.