Javier Milei Brings Uncertainty as Wall Street Weighs Argentina Vote
- Nation’s international bonds plunge Monday after Milei leads
- Analysts, investors surprised at strong support for outsider
Javier Milei at a polling station during the national primary election in Buenos Aires, on Aug. 13.
Photographer: Anita Pouchard Serra/BloombergThis article is for subscribers only.
Wall Street is preparing for Argentina’s presidential election to come down to a November run-off after libertarian outsider Javier Milei won surprisingly strong support in a primary vote.
The nation’s already-distressed foreign bonds plunged Monday after Milei, who is running on a platform of dollarizing the economy and “burning down” the central bank, captured about a third of votes cast in the primary election on Sunday.