- The political situation is corrupted but the country shows growth potential.
- From a long term perspective, the market is undervalued and currency effects can bring to gains of 80%.
- Brazil is still a developing economy with a young population and huge potential.
On Sunday the Brazilian congress voted for the impeachment of president Dilma Rousseff. When the senate, likely in the next few weeks, confirms the vote, the Workers party will temporarily be replaced by a center-right administration government. The move from left to right creates hopes for investors as they look for a more investing friendly environment. More →