Argentina has already declared the vote illegal and vowed to disrupt the nascent oil industry in the region that it sees as a theft of its natural resources.
The Dow's record high feels "eerily similar" to the market's peak in mid-2007 before the global financial crisis, Albert Edwards, the London-based global strategist at Societe Generale, known for his famously bearish stance on equities, said on Thursday.
Corporate buybacks have surpassed the $1 trillion mark for the first time since 2009, a sign the credit boom is reaching new heights, according to one chief market strategist.
Bonds, equities and the pound are heading towards a "catastrophe", according to technical analysis by Charles Nenner, founder and head of research of the Charles Nenner Research Center which focuses on the cycle analysis of markets.
Europe is still a very attractive market despite the current political and economic risks, David Rubenstein, co-founder & managing director of the Carlyle Group, told CNBC on Wednesday.