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Two Wall Street funds see gold in the ashes of Javier Milei's cryptic crisis

Summary by Bloomberg Linea

The scandal of the crypto token LIBRA that shook the government of Javier Milei is being interpreted by important investment funds and one of the largest investment banks in the region as a new opportunity to buy Argentine assets.While MSCI's ETF ARGT, constituted by shares of companies with high exposures to the Argentine market, accumulates an increase of 1.53% since the crisis broke out on Friday, February 14, although sovereign bonds in doll…

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Bloomberg Linea

Two Wall Street funds see gold in the ashes of Javier Milei's cryptic crisis

The scandal of the crypto token LIBRA that shook the government of Javier Milei is being interpreted by important investment funds and one of the largest investment banks in the region as a new opportunity to buy Argentine assets.While MSCI's ETF ARGT, constituted by shares of companies with high exposures to the Argentine market, accumulates an increase of 1.53% since the crisis broke out on Friday, February 14, although sovereign bonds in doll…

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Bloomberg Linea broke the news in 22 hours ago on Friday, February 21, 2025.

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