Wind the clock back a couple of years and you wouldn't think of the Brazilian stock market as a value play - if anything it was part of the emerging market super-growth bloc that promised permanent double digit returns. But is it time to review the situation? Does the Brazilian stock market present a compelling value opportunity or has the market simply priced in a new lower-growth higher-risk environment?
Full story: http://seekingalpha.com/article/1055571-green-shoots-in-brazil-is-it-a-garp-opportunity
Bullish and bearish over different time frames
4 hours ago