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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: THE ANT who wrote (6766)	5/26/2006 4:33:34 PM
From: elmatador	Read Replies (1) \| Respond to of 217576

Brazil needn't fear Bernanke-Bartiromo episode. Lula said Brazil's economy is on sound footing following a rocky week in the country's financial markets and expressed dismay at the havoc stemming from Federal Reserve Chairman's remarks to a U.S. television journalist. Brazil needn't fear Bernanke-Bartiromo episode-Lula Fri May 26, 2006 11:15 AM ET Printer Friendly \| Email Article \| Reprints \| RSS BRASILIA, Brazil, May 26 (Reuters) - President Luiz Inacio Lula da Silva said on Friday that Brazil's economy is on sound footing following a rocky week in the country's financial markets and expressed dismay at the havoc stemming from Federal Reserve Chairman's remarks to a U.S. television journalist. "How can it be possible that somebody says something off-the-record and that causes pandemonium in global markets?," Lula asked reporters in Brasilia, the capital. The president was referring to a recent episode involving Bernanke and CNBC television anchor Maria Bartiromo that ended up roiling financial markets around the globe. After speaking with Bernanke at the annual White House correspondents dinner, the reporter on May 1 revealed that the Fed chief had told her he was disappointed with the views of some investors that he was dovish on inflation. Financial markets everywhere trembled after Bernanke's remarks were made public, since they seemed to suggest more interest rate rises in the United States. Brazil's stock market and currency posted steep losses, before recovering slightly late this week. But Lula said he was not concerned about the market turbulence. "The economy is stable and we have nothing to worry about," he said. "Obviously, we have to always remain vigilant." Lula also said it was up to the market to determine the value of the Brazilian real <BRBY>, which went on a rollercoaster ride this week. The real on Wednesday posted its strongest one-day loss since 2002, falling 4.76 percent. It rebounded 4.54 percent on Thursday in its strongest one-day gain in four years amid volatile emerging markets. Brazil's stock market also showed almost as sharp movements. In Washington on Tuesday, Bernanke told a Senate panel that he had made a mistake by talking with Bartiromo. "That episode you refer to was a lapse of judgment on my part. In the future, my communications with the public and with the markets will be entirely through regular and formal channels," Bernanke told the Senate Banking Committee. Parole! Remember? Message 20949443

To: THE ANT who wrote (6766)	5/27/2006 2:30:06 PM
From: elmatador	Respond to of 217576

Part 2 The US Real Estate Bubble has moved South to Brazil We continue with part 2 of Richard's article. To view part 1 click the relevant link at the bottom of the article. By Richard Conti One does not have to take my word for it, read the news articles about Brazil. They will be self sufficient soon as they are discovering locations with oil off their coasts, and have the expertise and technical advancements in the process of extracting such oil from beneath the sea. It is no secret to the world that they have been using alternative fuels long before other countries. So much in fact, that other countries are now looking towards Brazil for help in these areas. Brazil has and will continue to grow and move in a positive direction. It is a friendly country which harbors no enemies or poses any threat to another land. It is the healthiest and largest economy in South America and has moved recently into the number nine slot of the world's largest economies. This has attracted many businesses and governments to Brazil and many who once did not look favorably at Brazil are starting to take another look at her, a serious look. On an almost daily basis all the news I hear about the rest of the world is negative and filled with one sort of problem or another. Whether it be war related, weather related, or a score of other topics. All the news that seems to be coming out on Brazil is for the most part very positive these days in an era when many, many other areas have some extremely serious problems. Let us be honest with ourselves here, as the next ten years for so many countries, yes, including the United States, looks a bit bleak to say the least, it seems quite the opposite for Brazil as it looks extremely promising for Brazil and Brazilians these days as well as for Foreign Investors. As I am far from any kind of an expert in any of these areas all I can do is evaluate these findings through news articles, reports and findings which are in abundance and readily available these days and draw my own conclusions. For these reasons, I strongly believe many who may have been a bit skeptical in the past now take another look at Brazil, a serious look for that matter and soon not to miss out on the opportunities that she presents at present, but which may be all but drying up as has happened in others areas due to growth and development. A look into real estate and investment possibilities. Only a few short years ago the US Dollar bought 4 Reais. Today it buys just above 2 Reais. As I do not foresee, and this is my personal opinion mind you, it going any lower then this, one may think why not wait it out until it reaches that same exchange as just a few years ago? I do not think you will ever see those exchange rates again anytime in the near future. As a matter of fact, I think it has all but stabilized itself now and it is what it is. Therefore, in regards to real estate and investment, I am of the opinion that now is the time to get in if you have been contemplating such a move as real estate prices are definitely on the rise especially in João Pessoa but still an extremely good bargain at present. Any fluctuations in the currency exchange rate in the near future will more then be absorbed by the rise in real estate prices taking place right now. So, if you have been so inclined in the recent past but skeptical and still have thoughts of Brazil dancing around in your head, and have exhausted your real estate possibilities as well as options here, maybe it is time you too took another look at Brazil as we have and will be for the next few years. Now is the time to think Brazil!! Those who wait will have lost an excellent opportunity to own and invest in a wonderful country filled with wonderful people and an abundance of natural beauty for you and your family to enjoy, now as well as in years to come. Worse case scenario, you make a great investment and a good return on it as well in the near term. Richard is an American born and raised in New York City in the shadows of the once towering World Trade Center. He now lives in beautiful Boca Raton, Florida. He is presently doing design work and general contracting, but his dream is to complete his private community in João Pessoa, Brazil, and to move there with his Brazilian girlfriend. Once there he wants to devote time to building many many more projects with Americans and Brazilians in mind. In his spare time he wants to write many many more enjoyable articles for Gringoes.com for you all to enjoy. If you want to contact Richard by email then send to guyfrmbk@adelphia.net.