Brazil Is on a Roll. 5 Stocks to Play.
Brazil’s central bank has slashed rates as inflation subsides. The boost to consumers and corporate borrowers should juice earnings of listed companies.
Source: marketwatch.com
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Brazil’s central bank has slashed rates as inflation subsides. The boost to consumers and corporate borrowers should juice earnings of listed companies.
The Bovespa index, Brazil's stock benchmark, rallied 22% this year. That's its biggest annual increase since 2019 — when it rallied 31.6%.
The Brazilian government recently privatized Eletrobras as part of its biggest privatization initiative, raising R$69.81 billion.