Argentina’s Merval index jumped another 1.5% Monday. The market has been rebounding since mid-December, despite Argentina’s standoff with creditors and its hostile approach to foreign corporations. The Merval remains deep in a hole after the market tanked on the heels of a 325% run-up between June 2013 and September. Yet a nice bounce over the past two weeks has put the Merval up almost 7% so far for the year.