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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: THE ANT who wrote (37186)9/15/2005 12:14:01 AM
From: Jim McMannis  Read Replies (1) | Respond to of 116555
 
RE:"By the way, Brasil starts dropping interst rates after the mkt close tommorow.Rates of 19.75% likely to fall gradually over at least two years.Mkt expects .25% reduction.I expect more."

This bodes well for the Bovespa? Which has been on a tear anyway. Brazilian bonds could appreciate for a long time as they bring rates down?