The Headline Says It All
From Bloomberg News today:
Argentine Bonds Devastated by Rigged Government Data, Suspicion, Fernandez
The widespread suspicion that the government of President Nestor Kirchner has manipulated inflation data and the likelihood that his wife Cristina Fernandez de Kirchner will succeed him are transforming the Argentine bond market into a financial bloodbath.
posted by Ian @ 9:59 AM
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1 Comments:
See? The problem is that the source of this information is "Bloomberg News"...That tells me a great deal.
I would take things coming out of B.N. with a large grain of salt ("sal gruesa", for those in the know).
Cheers.
changcho
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