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Argentina's President Cristina Fernandez holds up a tube with a sample of the first oil extracted in the country, during her announcement of a bill to nationalize Spain's controlled oil company YPF, at Government House in Buenos Aires, Monday April 16, 2012. Fernandez said in an address to the country that the measure sent to congress on Monday is aimed at recovering the nation’s sovereignty over its hydrocarbon resources.
Argentina's President Cristina Fernandez holds up a tube with a sample of the first oil extracted in the country, during her announcement of a bill to nationalize Spain's controlled oil company YPF, at Government House in Buenos Aires, Monday April 16, 2012. Fernandez said in an address to the country that the measure sent to congress on Monday is aimed at recovering the nation’s sovereignty over its hydrocarbon resources.
(Natacha Pisarenko/AP)

This unloved market could be ready for a huge turnaround

Few other countries have a stock market as unpopular as Argentina’s. The country has an abundance of natural wealth – but its political leaders are in dire need of an Economics 101 course when it comes to managing the economy. The good news is that their dirigiste policies appear to be on the way out, so a catalyst is in place for a revaluation of stocks.