Yanqui Mike

...currently discussing the US presidential election campaign until Inauguration Day.

Tuesday, August 02, 2011

Investing in Argentina?

Seeking Alpha has some fine things to say about investing in Argentina in general and about two stocks in particular.


"Which country's stock market has performed the best over the past 12 months? Surprisingly it has been Argentina, with a return of 38.75%. Argentina has a dynamic economy with a strong manufacturing base, developed oil and mining sectors, and real growth that averaged 9.6% for the first quarter of 2011. Argentina also is one of the world's leading agricultural exporter, known for its beef and wine production."

Mercado Libre and YPF are tops on the list.  Very interesting read.
Labels: dollars and pesos, theblog

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The culinary and agricultural aspects of this blog are on hiatus until Friday, January 20th, 2017.

Yanqui Mike

Yanqui Mike
US émigré and cattle rancher in the pampas of the Argentine province of Buenos Aires since 2003. Founding Chairman of Democrats Abroad Argentina and Drinking Liberally Buenos Aires. Selected by the DNC to blog from the floor of the 2008 Democratic National Convention. Blog coverage subsequently chosen for permanent inclusion by the Library of Congress. He lives with his lovely wife Alicia and their pet monkey-rat at the ranch and in Buenos Aires City.
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