The Brazilian Economic Turnaround Offers Positive Currency Risks

The Brazilian Economic Turnaround Offers Positive Currency Risks

Chamber Articles Category: Economic News Post Date: 07/13/17 Source: Seeking Alpha By: Sven Carlin
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I have been following Brazil (NYSEARCA: EWZ) for a while now and you can read my March 2016 article on CEMIG (NYSE: CIG) here.

The difference between now and then is that the situation in Brazil has been improving, the economy is doing better and inflation has declined. However, some stocks are still cheap and offer great potential returns, especially for foreign investors. In the video, apart from discussing the macroeconomics for Brazil, I also make a quick overview of interesting investing opportunities.

The improvement in the economy, return to growth should have a positive impact on the currency and increase your returns in your domestic currency. Please check my video where I discuss the situation. Looking forward to your comments.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Read Full Article