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Non-Tech : The Brazil Board

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To: kidl who wrote (1935)	7/20/2019 8:26:40 AM
From: elmatador	of 2508

Brazil stands out as the best story by far: (Fi) our valuation model says the Brazilian Real is around 10% undervalued; (ii) there've been very little hot money inflows (horizontal), but lots of FDI (vertical); and (iii) positioning by foreign real money investors is very light. EDUARDO VINANTE, CPN PARTNER & CEO at CENTRO ESTUDIOS ECONOMICOS

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