Argentina market rout pummels Brazilian hedge fund

The most recent regulatory filings, from last May, list holdings as of March 31. Newfoundland did not return calls or emails seeking comment or confirmation of any material change in its positions since. The Argentine local filing in Cresud shares is as of June 2018.

Four of the five stocks in Newfoundland’s portfolio that tumbled on Monday were up between 0.8% and 8.8% each on Tuesday, while Edenor was down another 3.5%. Current filings show billionaire investor David Martinez’s Fintech Telecom LLC held 30.8% of Telecom Argentina as of mid-April. That position would have suffered a one-day loss of over $132 million on Monday.

Corporatist Macri has been a horror story for Argentinian working class.

This guy looks like a crazed vampire

That looks like Vince McMahon

Brazil interfering in the Argentinean elections? What a (sad) surprise in Brazilian diplomacy.

Pulverize the billionaires.

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Argentina's massive stock market and currency sell-off triggers risk of contagion, analysts warnArgentina's President Mauricio Macri lost by a far greater margin that expected in primary elections on Sunday. Argentina isn’t important for the world economy ,it is very small economy and has no strong GDP or consumers and has debts problems from long time but the media start to use it as scare campaigns tools for stock investors and should has no effect . The worst risk here are ElisaCarrioArg and MovistarArg , also gabimichetti , but she’s harmless at least
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Stocks are sliding due to a 'smorgasbord of risks' across Argentina, Italy, Hong Kong, and SingaporeAn election upset tanked markets in Argentina, Italy's ruling coalition is in disarray, and Hong Kong protests are continuing. Actually stocks prices are labile for the usual reason: With any excuse to bid down prices significantly the guys with the money pull the trigger in unison knowing within a day or two of 3 down days they will take major profits.
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