Equity markets slide after an eventful month
August 1, 2014
Clarksville, TN – The last week of July has been eventful on a number of fronts. The economic calendar was packed, geopolitical tensions intensified and Argentina teetered on the edge of default, eventually going over. This is the second time the South American country has defaulted on its debt in the past 13 years.
The default may be short-lived if Argentina can reach an agreement to pay its missed $1.5 billion interest payment.
Frazier Allen
