Brazil's lost decade is over. Real GDP growth is back to where it was a decade ago. Maybe there never was anything actually "wrong" with Brazil. Brazil is a commodity exporter. Global commodity prices collapsed in 2014, hitting Brazil. That shock is ending and Brazil is back...
Rising U.S. interest rates and China’s economic sluggishness are dealing a double blow to emerging markets. Investors had expected developing economies from Brazil to Thailand to shine this year as U.S. interest rates fell, the dollar weakened and Chinese demand rebounded.
China’s export market, 2022:
🇺🇸 USA: $582 Billion
🇪🇺 European Union: $562 B
🇭🇰 Hong Kong: $298 B
🇯🇵 Japan: $173 B
🇰🇷 South Korea: $163 B
🇻🇳 Vietnam: $147 B
🇳🇱 Netherlands: $118 B
🇮🇳 India: $118 B
🇩🇪 Germany: $116 B
🇲🇾Malaysia: $94 B
🇹🇼Taiwan: $82 B
🇬🇧UK: $82 B
🌍 Total: $3,594 B
@Mr_Derivatives Hey, if this stock keeps droping so much like this, I will buy the Bank of America with soybeans money here from Brazil. Cheers everyone I promess to be a nice owner.
@de_fr1 Sim, fora a arbitragem de tempo que faz os institucionais venderem papéis que tendem a performar mal em uma analise top down. Agora muitos estão recomprando. E outros só vão recomprar quando estiver muito no preço, como você disse.