Hedge Funds Reap Gains on Argentina Bets as Trump Steps In

Hedge Funds reap gains on Argentina bets as Trump steps in

Hedge funds notched bumper gains in October after a US rescue package and a resounding win for President Javier Milei’s party in midterm elections.

Milei Prevailed in Argentina’s Midterms Despite Economic and Political Problems

Milei’s far-right party’s success in local elections is part of a broader reorganization of global capital. Despite allegations of corruption and financial problems, Argentinian president Javier Milei’s party pulled off a mid-term victory. THE MIDTERM ELECTION results in Argentina handed a political victory to Javier Milei’s far-right government of Javier Milei, despite recent economic and political problems. Indeed, there were currency runs an…