An interesting point of view about Brazilian growth in the next 5 years

“Unless Brazil is unlike any other country, increased demands will start with goods and services that will require the infra-structure to keep up — or fall behind… As any country grows (Germany, Japan are best examples for the past 50-60 years), there is a push to gain reliable resources – human and otherwise… as theContinue reading “An interesting point of view about Brazilian growth in the next 5 years”

A week of good news in the tropics

Two indicators of growth made the news this week; household consumption’s expansion of almost 10% in the last three quarters; and the industrial electricity consumption in February was up nearly 11% year over year. This means it is now on the level it was before the financial crisis.  Two distinct moments of the economic cycle,Continue reading “A week of good news in the tropics”

Interest rates in Brazil are kept flat (whether you like it or not)

Last night, The Central Bank of Brazil kept its benchmark rate steady at 8.75%, against market expectations. It was not an unanimous decision, as five members voted for keeping rates flat while the other three voted for increasing rates by 50 bps. Some argue that tightening now would have been the best choice as theContinue reading “Interest rates in Brazil are kept flat (whether you like it or not)”

After the rally in 2009, what to expect from Brazilian economy?

In 2009, Ibovespa’s (Brazilian equity index) poised a  performance of +145% in USD. How will it behave in 2010? Is it possible that Brazilian economy will deliver a higher return than developed economies? Many analysts are predicting that the index will reach over 82.000 points in 2010.  It is a fact that  Brazil country risk hasContinue reading “After the rally in 2009, what to expect from Brazilian economy?”

Lula should read the article “Brazil takes off” from The Economist, Nov. 12th 2009

 This week , the Brazilian economy was the topic on The Economist’ special edition. Brazil has been quite present in  The Economist this year. Most of the articles have presented the country in a positive fashion. In June,  they came with an article called “Not just straw men”. Back then, the point was thatContinue reading “Lula should read the article “Brazil takes off” from The Economist, Nov. 12th 2009”

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