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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 385.42-0.3%Dec 8 4:00 PM EST

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To: THE ANT who wrote (87822)3/8/2012 1:15:23 PM
From: elmatador   of 218265
 
9/22/201 Brazilian central bank rates of 12% are going below 5% and likely to 2-3%.

This will help Brazilian exports and low rates will help housing.For US investors they must subtract out the fall in Real.

In previous post I said I would not buy Brazil real estate.

Still I think there is the possibility of a bubbling of Brazilian real estate(more so in reals) as when rates fall Brazilian debt to GDP will go from 90% to 150%.

Brazil is still in a better position than most countries, including the US, in my opinion,over the next several years.

My question is how this effects bond funds like PIMCO who invested heavily in Brazilian bonds

Elmat: You've been right on the mark!
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