Seeking Alpha

Argentina to meet for last-minute possible negotiations

  • Last-minute talks between Argentina and holdout investors will take place today to avert the country's second default in the last twelve years.
  • A delegation team is being sent by Argentina to negotiate with court-appointed mediator Daniel Pollack, but holdouts will not attend the face-to-face talks - at least for today.
  • An Argentine default would unlikely send shock-waves through emerging markets worldwide due to the country's isolation from the global capital markets, but it will hurt Argentina's domestic economy which already battles a recession and soaring inflation.
  • ETFs: ARGT
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector