In this video, I give an overview of the changing political climate in Brazil (NYSEARCA:EWZ) and what it means for the stock market. It also includes my discussion on other catalysts that can drive Brazil's stock market and the leading companies in the country with US ADR's.
The economic situation is not in the best of shape, but just the hope of political turnaround can vastly change market sentiment. The recent election season in India is a clear example of this. Rising commodity prices and gained awareness from the World Cup should also help the country.
Stocks mentioned in the video:
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in ABEV over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.