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Brazil has been a much-discussed topic in investing circles for some time now, and having just returned from a recent trip there, I am eager to share with RealMoney subscribers my "boots on the ground" notes and perspective.
It was instructive and fascinating to be a front-and-center spectator not only of the vibrancy of Brazil's blossoming economy and free market, but also of its captivating and energetic culture. Contrary to what Charles de Gaulle of France once wryly described as "not a serious country," the largest nation in South America, with a population more than 190 million people, is quickly becoming not only a regional powerhouse, but a major player on the global stage.
In this multipart look at Brazil, my aim is to shed some light on where we are in the Brazilian growth cycle; to break down my trip, with regard to the many investment opportunities available; and I'll finish with a personal anecdote summing up the overwhelming challenges of its ugly legacy of crime and corruption.China Watch: Brazil's One Way In (Video) One way to get in on the action with China is to play Brazilian companies with Chinese connections. Patrick Schultz reveals how we can play one emerging market to play another. To watch the video, click the player below:
|Two years ago||Year to date||Last close||Two-year return%||YTD date %|
|Brazil -- Ibovespa||34,399.00||62,815.00||64,613.79||46.80%||2.90%|
|India -- BSE Sensex||9,884.51||20,465.30||14,293.32||30.80%||-30.20%|
|China -- Shanghai Composite||1,574.47||5,261.56||2,760.42||43.00%||-47.50%|
|Russia -- RTS Index||1,329.87||2,296.56||2,342.75||43.20%||2.00%|