, Columnist
Investors Reward Argentina for Taming Inflation
Stocks? Up. Bond returns? Strong. The financial sector? Improving. Money managers have noticed.
Nobody's crying.
Photographer: Peter Macdiarmid/Getty ImagesThis article is for subscribers only.
Where in the world can you get more than 11 percent from bonds since June and 41 percent from bank stocks this year, with inflation evaporating as the gross domestic product and currency strengthen? That would be Argentina, a financial integrity scofflaw for most of the past century, now bringing a bonanza to global investors.