Monday, December 10, 2012

Green Shoots In Brazil - Is It A GARP Opportunity?

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?

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