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Non-Tech : The Brazil Board

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To: Julius Wong who wrote (2402)9/15/2023 10:51:06 AM
From: elmatador   of 2504
 
Brazilian equities and its currency continue to do remarkably well despite the significant strength of the dollar.

Who would have thought that after one of the steepest rate-hike cycles in history, Brazil would have been one of the world's best-performing markets?

Institutional capital is just starting to expand its presence into resource-rich economies that continue to be in one of the most attractive valuations in history.

Global commodity producers appear to be taking the lead, and Brazilian equities likely have a long way ahead.



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