Argentina’s crisis receding, says bullish Hasenstab
One of the biggest investors in Argentina said that the country’s financial crisis was receding, and blamed this summer’s market mayhem on a “massive speculative attack” and panicky locals. Funds controlled by Michael Hasenstab, a prominent fund manager at Franklin Templeton, have invested about $4.6bn in Argentine debt, betting that the government led by Mauricio Macri will manage to reform… Read more »