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Posted by
Two Blokes Apr 30 -
Filed in
Stock
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2 views
Brazil's private domestic sector is supported by government deficit spending and private credit but faces a drain from the external sector. The stock market has been stagnant since 2009, but ETFs offer yields between 3-7% and potential upside if the USD depreciates. Aggregate demand in Brazil is positive at 4% of GDP, yet lower than countries like Japan and Germany with over 8%.
