Brazilian Economy Back in Drive

Brazilian Economy Back in Drive

If you’re one of those data-watchers and tea leaf readers, you might come to the conclusion that this could be the beginning of the end for Brazil‘s lackluster economic performance. Unless Europe and the United States go into a tailspin – which given the sequester might not be unanticipated —  the ups and downs of Brazil’s economic rigging are likely in the past. The currency war is over and the Real is holding steady at a comfortable level. The train has pulled into the station, stopped, and — in theory — is loading baggage and ready to travel again.  In other words, it’s moving from neutral to drive.

Read Kenneth Rapoza’s Forbes article here:

http://onforb.es/Yd7Cxr

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