• Caiman Valores
    Brazil cuts the Selic to 8% in an attempt to kick-start the economy. on the back of lower than expected GDPM growth. But will it be enough?
    7/11/12
    Reply (5)
    • Mercy Jimenez: Thanks Caiman for the heads up. Low overnight rate, lower GDPM growth, lower retail sales -- do not auger well for the Bovespa Index.
      7/11/12
    • Caiman Valores: It certainly doesn't and it doesn't bode well for those Brazilian companies with U.S listed stock.
      7/11/12
    • Mercy Jimenez: Yes indeed; most folks think of VALE and PBR but there are many others; this list might help for watch list http://bit.ly/Lgxc11
      7/11/12
    • Caiman Valores: Thank you for that. From memory there are 89 Brazilian companies listed as ADRs in the U.S. Will set the link up on an instablog.
      7/11/12
    • Mercy Jimenez: Great!
      7/11/12