- With a president stuck between the threat of impeachment and a growing fiscal imbalance, Eurasia Group sees the country's economic policymaking under Finance Minister Nelson Barbosa as "increasingly erratic and even incoherent."
- It's going to be a close vote, says the team, but President Rouseff should survive impeachment. However, she's going to need the support of the left, and that group is demanding more accommodative fiscal policy. Said stimulus will undermine what credibility the government gained with pension reform and spending restraint.
- ETFs: EWZ, BRF, BRZU, EWZS, BRAQ, BZQ, BRAZ, BRAF, UBR, DBBR, FBZ