As far as Itaú BBA is concerned, the looming quarterly results from Latin America’s biggest telecom carriers will be uneventful — but any surprise could still move these stocks.
Brazil is entering a four-year cycle in which it will become the focal point of billions around the world for hosting the World Cup and Olympics. Along with the greater attention of those from around the world will come greater investments in Brazil’s infrastructure to make it a showcase for both events.
Stocks in the emerging world have been beaten worse than even their European counterparts. We lay out some strategy for investors in this week’s Trading the Globe.