Srdjan Popovic

Five Ways to Profit from a Rebound in Commodities

I meant "collective vacations". This is when staff is not really fired but they don't have to come to work until further notice as there is nothing to do.

Five Ways to Profit from a Rebound in Commodities

If you look at the local media in Brazil you would see that the situation is not exactly rosy. Just this morning I read "Epoca" (see link: revistaepoca.globo.com...). Month over month, export is down 12,3% and import down 16.5%. Car sales dropped astonishing 25,7% between October and November. New jobs are down 85.7% and companies are laying people off or introducing collection vacations. 100,000 construction orders were canceled. Currency fell 40% in two months. Therefore, while I agree that the commodities will eventually rebound, we have to be careful and aware that the crisis is real.