Global X MSCI Argentina ETF (ARGT)
ARGT Price and Sentiment
ARGT Latest news
Single-country opportunities can give exchange-traded fund (ETF) investors necessary portfolio diversification with funds like the Global X MSCI Argentina ETF (ARGT). Argentina already experienced a profound economic improvement in the second half of the year.
Optimism about corporate earnings, U.S. FDA's full approval of Pfizer-BioNTech Covid-19 vaccine, some upbeat economic data points and the passage of the infrastructure bill helped key U.S. equity indexes go higher in August.
Argentina ETF hit a 52-week high. Can it soar higher?
Single-country opportunities can inject a healthy dose of diversification into a portfolio. Two funds to consider in today's markets include the Global X FTSE Nordic Region ETF (GXF) and the Global X MSCI Argentina ETF (ARGT).
The key feature of the U.S. monetary system—as distinct from Argentina's—is that the Fed cannot create money directly—only banks can do that. I think the Fed is making a big mistake by pegging short-term interest rates at a level that is far below the current rate of inflation.
Currency controls led to the index provider dropping the country from emerging market status.
There are a ton of ETFs out there. While most offer quality low-cost baskets of assets, a few of these index funds are less appealing for investors.
International equities had a strong performance in Q4. The Global X MSCI Colombia ETF was the best performing single-country ETF within the International Access family, returning 38.90% during the quarter.
Argentina made a new offer to creditors that stands a solid chance of anchoring one of the largest sovereign debt restructurings in the history of emerging markets.