Earnings season for Brazil is not looking pretty
Second quarter earnings season results in Brazil show weak data and a drop in companies’ earnings per share, according to a report from Santander bank.
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Second quarter earnings season results in Brazil show weak data and a drop in companies’ earnings per share, according to a report from Santander bank.
As Europe struggles with weak growth, companies there are turning to emerging markets for increased revenues. Groupe Casino is betting on Brazilian retail stock CBD.
Despite a seasonal uptick in unemployment in Brazil, skilled labor remains scarce enough to force employers to pay more to compete for talent. This, in turn, may fuel new inflationary pressure despite the government’s best intentions.
The receding inflationary trend in emerging markets is giving global consumers plenty of new buying power. Which are the best markets — and stocks — for playing that theme?