Tag: Emerging Markets
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Morgan Stanley’s Quick Change on Argentina Debt Buy Recommendation
Introduction In a surprising turn of events, Morgan Stanley has reversed its positive recommendation on Argentine government bonds, an advice that had only been in place for less than a week. This abrupt change has raised eyebrows and sparked debate among investors, particularly as it follows closely after the critical local elections in Buenos Aires.…
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Morgan Stanley’s Quick Shift on Argentina’s Debt Outlook
Introduction Morgan Stanley, a leading investment bank, recently made headlines with its positive outlook on Argentina’s government debt. This recommendation came just before a pivotal local election in Buenos Aires, showcasing the bank’s belief in a potential upswing in the nation’s economic stability. However, in a surprising twist, just days after the election, this recommendation…