lorddarley

More Evidence That 'Risky' Foreign ETFs Are Less of a Gamble than U.S. ETFs

I've written previously about BRF. The government has plenty of room to lower 10% interest rates, and it will have to do that. The capital inflows are staggering, and the real will impede export sales unless the government takes steps to weaken it. That means lower rates , a great plus for the Brazilian consumer who has incresed purchasing power. BRF has a large component of consumer stocks. Sometimes, "overbought" stocks go higher just because the story makes sense.