SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Seeker of Truth who wrote (285)9/6/2005 12:39:11 PM
From: elmatador  Read Replies (1) | Respond to of 217596
 
You can't imagine what I heard from my wife when I told her. She wanted to chop off my head for not doing similar thing!!



To: Seeker of Truth who wrote (285)9/15/2005 12:05:58 AM
From: elmatador  Respond to of 217596
 
"cuts in rates could bring the Bovespa to 35,500 in a year." They cut: 19.75 down to 19.50%.

today.reuters.com



To: Seeker of Truth who wrote (285)9/20/2005 3:10:39 AM
From: elmatador  Respond to of 217596
 
Brazilian stocks roar to another record. roared Monday to their second all-time high in as many trading days, with the country's benchmark Bovespa index closing above 30,000 for the first time in history.

In Brazil, some analysts predicted the Bovespa, Brazil's only leading index, could rise an additional 10 percent or more by early next year.

"We believe there are already sufficient factors in place to bring the Bovespa index to 35,000 points over the next six months," Brazil's Global Invest Asset Management brokerage said in a research note to clients.

After days of speculation over the bond placement, Brazil issued nearly 3.4 billion reals ($1.5 billion) in 10-year notes amid larger than expected demand.

Associate Treasury Secretary Jose Antonio Gragnani said the result ushers in a new market and will boost Brazilian companies seeking to issue bonds.

Shortly after the government deal, Brazil's largest private sector bank, Banco Bradesco SA, announced an offer of real-based debt that analysts said could reach the equivalent of $100 million.

Traders said global investors are attracted to Brazil because analysts believe its economy could grow 3.5 percent this year and 4 percent in 2006. Meanwhile, inflation is declining amid the government's commitment to orthodox monetary policy aimed at promoting slow, sustainable growth.

sanluisobispo.com