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It Might Be Time To Get Out Of Argentina Argentina looked good for emerging market bond lords and distressed asset investors in late 2017. Everyone believed in the government of Mauricio Macri. He was doing the right thing. Argentina was going to come back, and indeed was already returning to the capital markets with welcoming arms.
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US Stocks Sink Again as Banks, Health Care Companies Slide NEW YORK (AP) — U.S. stocks are skidding Thursday morning as the market continues a sell-off that began late the previous day. Big losses for insurer AIG are hurting financial stocks while Cardinal Health tumbles and takes the health care sector lower. Tesla is skidding after the electric car maker ...
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Markets down on Iran concerns, EM weakness; blue-chips lift Saudi DUBAI, May 3 (Reuters) - Middle East stock markets moved down in line with global emerging markets and because of persisting geopolitical tensions, as the risk of the United States pulling out of the Iran nuclear deal looms. The Saudi Arabian index was in negative territory most of the day but closed ...
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A Billionaire Makes a Classic Investing Error Hardly the basis for making a multibillion-dollar capital allocation. It also reflects a misunderstanding one's own abilities to time the market based on valuations. Markets have spent most of the past 30 years, except for immediately after the huge crashes of 2000 and 2008, as overvalued. There is little in ...
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Swiss Exchange Acquires Microwave Network Thomas Zeeb, head securities & exchanges at SIX, said in a statement: "Introducing microwave technology represents a significant step towards creating the Exchange Services of the future and our strong commitment to provide customers with a single source for the best low latency services from and to ...
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