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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 378.35

+2.7%

4:00 PM EST

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To: Haim R. Branisteanu who wrote (43669)	12/10/2008 1:26:53 AM
From: elmatador	Read Replies (1) of 217646

BRL a bit later: Real’s Drop Brazilian Rate Cuts Loom. The real may fall as much as 10 percent by year-end to 2.75 per dollar, said Win Thin, a senior currency strategist at New York-based Brown Brothers, which manages $42 billion. Standard Chartered, the U.K. bank that makes most of its profit from emerging markets, revised its first-quarter forecast last week to 2.7 from 2.15. bloomberg.com Lula needs 2009 and 2010 with economic growth. Elections are in 2010. Can't afford downturn.

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