Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience


Pricing
Go Premium Now
Login
Best Dividend Stocks
Ex-Dividend Dates
High Yield Stocks
Strategies
Tools
Articles
Premium
Advisors
Guaranteed Income

Market financial date below the flag of Brazil

News

Invesco Says: Start to Samba

Aaron Levitt Oct 17, 2017


Boy, what a difference a few years make. For Brazil, it’s the turnaround it so badly needed.

The nation was railroaded after the Great Recession. Low growth, high inflation and a ton of corruption made stocks in the Latin American country pretty much untouchable for the last five years or so. And returns for Brazilian stocks reflected that disdain.

However, these days, investors are singing a different tune. And that includes investment manager Invesco.

With Brazilian stocks hitting new highs and growth once again returning to the nation, Invesco recommend that investors “start to samba” and consider adding a heaping dose of Brazilian equities to their portfolios.

A Big Reversal

It’s easy to see why Brazil was so hated. After the recession, the “B” in BRIC was hit hard by falling commodity prices. As a producer of a variety of natural resources, Brazil saw its economy shrink. At the same time, crippling inflation began to creep into the nation. All of this made life pretty hard for the average Brazilian, and the country slipped into its worst recession in history.

To read the Full Story, Go Premium or Log in

Popular Articles