Anyone following the current situation in Argentina?

Discussion in 'Trading' started by _eug_, Aug 12, 2019.

  1. Simples

    Simples

    #21     Aug 12, 2019
    MattZ likes this.
  2. luisHK

    luisHK

    Wow, I´d missed that completely, argentina index down 35% on the day it appears.
    a quick google search doesn´t come up with a list but that must be a notable event among the worst 1 day loss in national indexes (link welcome if anyone can dig it up)
     
    #22     Aug 12, 2019
  3. zdreg

    zdreg

    The answer to your question is beyond my expertise.

    Avg daily vol. for one adr is ovr 1.1M. avg vol for 2nd is .8M. The spread is narrow.
     
    Last edited: Aug 12, 2019
    #23     Aug 12, 2019
  4. CharlesS

    CharlesS

    Bloomberg --
    "The surprise outcome in Argentina’s primary vote roiled the nation’s financial markets, sending the S&P Merval Index plunging 48% in dollar terms."
     
    #24     Aug 12, 2019
    Stockolio likes this.
  5. LOL! Try again.

    The Weimarer Republic has absolutely nothing to do with tariff policies.

    And I will personalize responses as I see fit!
     
    #25     Aug 12, 2019
    Overnight likes this.
  6. https://www.bloomberg.com/news/arti...46-stock-rout-second-biggest-in-past-70-years

    The surprise outcome in Argentina’s primary vote roiled the nation’s financial markets, sending the S&P Merval Index plunging 48% in dollar terms.

    That marked the second-biggest one-day rout on any of the 94 stock exchanges tracked by Bloomberg going back to 1950. Sri Lanka’s bourse tumbled more than 60% in June 1989 as the nation was engulfed in a civil war.
     
    #26     Aug 12, 2019
  7. zdreg

    zdreg

    The statement is more or less correct. Unfortunately, your reply has nothing to do with my original remark, concerning deflation in Germany in 1920 followed by hyperinflation in 1923.
     
    #27     Aug 12, 2019
  8. Turveyd

    Turveyd

    UK 1st November if Brexit is no deal is going to look exactly like that, hyper inflation ( importing all from the USA is costly ) all coming to the UK fun!!

    Trumps pumping up a bubble in the USA aswell, which will last as long as he's in power I guess, then OMG it's going to burst badly and much the same.

    When you ( kinda ) Elect muppets into power then give them free regien, what do you expect.
     
    #28     Aug 12, 2019
  9. Simples

    Simples

    trump represents the 0.000001%, instead of the 0.000001%. Big difference? They are all going to burn the same as everyone else.

    Hint: trump is FOR extinction level Global Warming.
     
    Last edited: Aug 12, 2019
    #29     Aug 12, 2019
  10. maxinger

    maxinger


    where can we trade this Argentina ADR?
     
    #30     Aug 12, 2019