Good news on the Labor Market Report from IBGE in March. The survey covers the six main metropolitan areas, and includes formal and informal jobs. Demand is higher of course as the economy in Brazil is expected to keep going up in the next months. Unemployment rate is the lowest level since 2002, at 7.1%. AContinue reading “More jobs, better wages. No wonder there is inflation on the doorstep”
Tag Archives: Brazil
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?”
Will Tightening cause a multi-speed recovery?
This article raises an interesting question: If monetary tightening starts in the US, will the US stock market drop while emerging markets continue upwards in a “multi-speed” recovery? The outlook for the world economy Curb your enthusiasm Apr 22nd 2010 From The Economist print edition A welcome recovery—but an uneven one, with dangers both forContinue reading “Will Tightening cause a multi-speed recovery?”
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”
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”
