waf76

Brazil: Do Olympics Make It a Better Investment?

Still murky as to the extent of when and how much production will nationalized to support the country's social programs. Like most gov't run operations, i think it will be later rather than sooner.


On Oct 03 03:15 PM Roger Nusbaum wrote:

> any opinions about the chatter from a few weeks by Lula about the
> possibility of nationalizing some of the production assets?

Brazil: Do Olympics Make It a Better Investment?

Best investment in Brazil is PBR.

How to Play the Real Story Behind Earnings

You miss the point as to what's going on. Companies trim down their expenses to be profitable. That is step 1. Does it mean the recession is over? Hardly not, but we've taken the first step which is improvement in earnings. Only when they stablize will you see companies begin to rehire offsetting new hires with increase in revenues. Do you think everything will happen overnight? Unemployment is a lagging indicator for a reason. Look at the temporary staffing companies. If you see an increase in their business then that's a sign of a real recovery. Temp staffing numbers represent a leading indicator. I don't think we we're heading lower because honestly we're not up so high as is. The market tends to overshoot both ways so if anything we still have more to overshoot.