Mtn153

Brazil ETFs Are On Fire

Dear Tom,
You've hit the nail on the head with your report on Brazil. I find myself in disbelief at the number of articles that are coming out about other countries, while missing Brazil. Their government has been very aggressive about chasing American corporations and encouraging them to move to Brazil with sweetheart deals on taxes and assistance with plant manufacturing costs, etc,etc(Johnson and Johnson is a great example). Small wonder that they are doing so well! Personally, I think that they are going to continue to grow at the top of the group because of a number or other reasons. First, they are energy independent. They have so much high octane Brazilian Sugar Cane Ethenol that they are already exporting both cane and ethenol. Archer Danials Midland (the biggest ethanol producer) just annoounced that they are going to build four processing plants to refine Brazilian Sugar Cane in the U.S. I'm told that you can get about 800% more gallons of ethanol from Brazilian Sugar Cane than you can from corn and without the costly fertilizers and pestisices. Perhaps American Farmers will take heed? Secondly, they have vertually no Muslims which means that they have no part in the developing Muslim/Christian Wars. Thirdly, they have a growing manufacturing center thanks to NAFTA and Fourth, they have a growing well educated middle class which appears to be at peace with their government. Again, thanks for a great, timely and insightful report! Now if more of the financial media will just wake up to this gem of a country......
Mike