Without beating around the bush let's just point out that I nailed that sucka. The index is up 20% in the four days since that call, and this despite the ongoing drama and BS calls from S&P who lowered debt rating after-the-fact (they're good at being late on the scene, though).
It may come as bad news to some, but Argentina isn't going down the toilet just because the North tries some self-fulfilling prophecy techniques. And as Credit Suisse rightly pointed out yesterday, Argentine bonds are a smart buy at this point. At least there are some analysts up there who know what they're talking about.
It may come as bad news to some, but Argentina isn't going down the toilet just because the North tries some self-fulfilling prophecy techniques. And as Credit Suisse rightly pointed out yesterday, Argentine bonds are a smart buy at this point. At least there are some analysts up there who know what they're talking about.