Why investing in Brazil will remain difficult

Simon Constable – US News, 11/3/2015

For the last few years, Charles de Gaulle’s quip that “Brazil is the country of the future, and always will be,” seemed like an anachronism as the Latin American economy seemed to blossom. But it didn’t last long.

Unfortunately for Brazilians, de Gaulle’s witticism now seems on target once again. And things may deteriorate even further before they get better. For investors, that will likely mean staying away from Brazilian stocks until the second half of next year.

How bad is it? Pretty awful. Brazil is beset by an economic crisis and a huge political controversy that is threatening its president.

Read more…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s