Tag Archives: Brazil

Every Little Thing They Do On Trade Is Tragic

And Half Baked. Every little thing they do on trade is tragic Everything they do is wrong Even though the politics are more dramatic Now I know trade diversion in steel is on — paraphrasing Sting’s, Every Little Thing She … Continue reading

Posted in Economics, President Trump | Tagged , , , , , , , , | Leave a comment

How Brazil’s Once Mighty “Lula” Has Fallen

There doesn’t seem a day that goes by without a political scandal in some emerging market rocking the tape.  Check that.  Add also developed markets.    Brazil, Pakistan, Mozambique, and, yes, even the United States. But today’s nine and half year … Continue reading

Posted in Politics, Uncategorized | Tagged , , | Leave a comment

Emerging Market Dollar Bonds: An Option Based Analysis

In my prior life I used to trade emerging market (EM) bonds and came up with the following analytical framework using options analysis to understand and teach the basic fundamental principles of how to value EM hard currency bonds.   The … Continue reading

Posted in Bonds, Uncategorized | Tagged , , , , , , , | Leave a comment

Almost All World’s Currencies Undervalued

We’ve put together a couple of tables showing the undervaluation of the world’s currencies based on their 2016 purchasing power parity against the U.S. dollar. The Purchasing-power-parity (PPP) between two countries is the rate at which the currency of one … Continue reading

Posted in Currency, Dollar, Uncategorized | Tagged , , , , | Leave a comment

Anti-government protests hit Brazil – FT

More than a million protesters took to Brazil’s streets on Sunday to call for the impeachment of President Dilma Rousseff over an alleged multibillion dollar corruption scandal at state oil company Petrobras, reports Samantha Pearson. Read the global perspective on … Continue reading

Posted in BRICs | Tagged | Leave a comment

Petrobras corruption scandal rocks Brazil – FT

Petrobras is at the centre of the biggest corruption scandal in Brazil’s history. The FT’s Samantha Pearson reports on how Brazilians are reacting to the crisis at the oil company and what the scandal reveals about the country’s efforts to … Continue reading

Posted in BRICs | Tagged , | Leave a comment

Bikers unexpected role in Brazilian election – FT

São Paulo’s army of motorbike couriers have been dragged into a bitter war over the city’s public transport, one of the biggest issues affecting October’s presidential and local elections. The FT’s Samantha Pearson reports on their unlikely entry into the … Continue reading

Posted in BRICs, Politics | Tagged , | Leave a comment

Daily Risk Monitor – September 23

Click on table to enlarge and for better resolution (click here if table is not observable)

Posted in Daily Risk Monitor | Tagged , , , , , , , | 1 Comment

Brazilians react to candidate’s death – FT

The FT’s Samantha Pearson speaks with Brazilians following the news of the death of presidential candidate Eduardo Campos. For more video content from the Financial Times, visit http://www.FT.com/video (click here if video is not observable)

Posted in BRICs | Tagged , | Leave a comment