Brazil: Setting the Stage for a Brighter Future? (Franklin Templeton)
- In the last few years, Brazil has seen a crowding-in of the private sector. In the financial system, government-controlled banks had the largest share of loans, but that percentage has dropped in recent years, and the private sector has moved in. We think this is one of the most important barometers of market change.Oil giant Petrobras has been selling non-core assets, and after paying down tens of billions of inherited debt, became the world’s largest dividend payer. An oil-industry creation has been replacing a de-facto monopoly. READ MORE
Similar Posts:
- Bloomberg Quicktake: Brazil’s Highs and Lows
- Lowe’s Companies Said to be Looking for Acquisitions in Brazil (Bloomberg)
- Mark Mobius’ Contrarian Case for Investing in Brazil (Mobius Blog)
- Brazil and South Africa: Two Continental Giants with Feet of Clay (PGIM Fixed Income)
- Conservatism Grows in Brazil, Despite Leftist President’s Win (Wall Street Journal)
- Nomura’s Morden: Argentina Faces Risks From the Duration of Brazil Contagion (Barron’s)
- Kiplinger’s Personal: Don’t Give Up on Developing Markets (Kiplinger’s Personal Finance)
- Emerging Market CDS Volume Up 46% in 2014 (EMTA)
- Brazil’s Giant Problem: The State (WSJ)
- Brazil Takes Big Reform Step (Franklin Templeton)
- Morgan Creek Capital’s Yusko: “Killer Ds” Will Hurt the Developed World (CNBC)
- Which Emerging Markets Have the Most Leveraged Stocks? (Bloomberg)
- Investor Sentiment Survey: What Emerging Market Investors Think (Franklin Templeton)
- Emerging Markets Election Timetable 2014 (Aberdeen)
- What Risks Do Emerging Markets Pose to US Economy? (Bloomberg)
Leave a Reply