Time to Invest in Brazil?
Brazil is the ninth richest country in the world but the economy and stock market have been struggling lately, especially now that Brazil is the new epicenter of the Covid-19 Pandemic.
Brazil is a net exporter with a weakening currency. It may sound good but their debts are rapidly increasing and much of it is denominated in foreign currencies.
The Brazilian stock market is highly correlated with some of its main exports and is highly volatile.
Is it a good idea to invest in Brazil? Read the full analysis on my research partnership: https://ishfaaqpeerally.teachable.com/courses/662813/lectures/17365430