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Brazil is an economic force that is here to stay. It will continue to be the predominant investment destination in Latin America with above average growth and strong ROI. The strong headwinds and short term challenges due to political turmoil and economic challenges are an opportunity to get good value at reasonable prices. The historic exchange rates don’t hurt either. There are great companies and investment oppor

Hope this latest entry finds you well. We recently had the first COPOM meeting of the Brazilian Central Bank under the new management of IlanGoldfajn. Say that name 10x fast. Surprise, surprise no change!!!! Steady as she goes at 14,25%. In the monthly write up, the COPOM committee mentions that it appears there is a general stabilization in the economic activities in the short term, but caution about high levels of slack and idleness.

Well another week in Paradise. The brief winter break is upon us, kids are out of school and traffic is flowing like greased lightning around town. It’s wonderful. Eduardo Cunha finally admitted the inevitable and resigned from his post as Speaker of the Lower House. He is still trying to hang on to his Seat, but things aren’t looking up for this poor misunderstood soul. Like all good corrupt politicians, he vehemently denies any wrong doi