New Overnight Developments Abroad - Daily Update
Peso Panic and Some Deescalation of the U.S.-Sino Trade dispute
August 13, 2019
Sunday’s primary election in Argentina served notice that populism is making a big comeback there and has generated a stampede out of the peso (down nearly 22%) and local stocks, whose share prices tumbled nearly 50% and by the second largest day-to-day slump in seven decades. Investors fear a return to protectionism and other state […] More
