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Brazilian economy is growing too fast. Expect new hike in interest rates. What effect on Brazilian housing industry?

To foreign eyes Brazilian real state is a catch. A population of almost 200 million and an historic housing deficit makes an interesting combination. Interest rates have always been the main contrain. And now, with the return of inflationary pressures, interest rates are set to raise again. How does it affect the housing industry? TodayContinue reading “Brazilian economy is growing too fast. Expect new hike in interest rates. What effect on Brazilian housing industry?”

Brazilian banks go shopping around the world

Banks have suffered everywhere with the financial crisis. Well, not everywhere. Brazilian banks have cash and appetite for seizing opportunities in other countries. This is a shift of trends. Not so long ago Brazilian banks were being bought by international institutions. Last week Banco do Brasil announced its move in Argentina. Yesterday, in an interviewContinue reading “Brazilian banks go shopping around the world”

Banks for sale: BANCO DO BRASIL acquires bank in Argentina

BANCO DO BRASIL officially announced the acquisition of the sixth largest bank in Argentina, Banco Patagonia. The $480 millions deal was sealed after four months of negotiations. What does it mean in the strategy of the largest Brazilian bank? Should it reflect a step toward the integration of the Mercosul? With branches in New York,Continue reading “Banks for sale: BANCO DO BRASIL acquires bank in Argentina”

Investment in China. A slowdown may compromise Brazil outlook says JP Morgan

JP MORGAN held its annual Brazil Opportunities Conference on April 14 and 15. I extracted the comments on the presentation made by analyst Adrian Mowat. He articulates causes of a possible slowdown in China and how this can affect Brazil in the short term. I am not sure I agree with all of it. Iron oreContinue reading “Investment in China. A slowdown may compromise Brazil outlook says JP Morgan”

Trying to understand the BRICs. First question: Is China in a bubble?

A comparison among BRIC countries will have China in the podium in many aspects. It is the largest country with the fastest economic growth. But what is the quality of this growth? Many Brazilian companies have expanded to China. Vale, Gerdau, Embraer are among them. No question that being in China is an strategic moveContinue reading “Trying to understand the BRICs. First question: Is China in a bubble?”