Companhia Siderurgica Nacional (ADR)
In an effort to boost the domestic economy, Brazil decided to pave its way towards high growth rates by building roads and railways. For the full year of 2012, Brazil's GDP growth is estimated to be less than 2 percent, the lowest annual performance since 2009. Brazil's need to modernize the economy is urgent, and infrastructure improvement might be a catalyst. After all, the 2014 football World Cup more »
I'm a confirmed, bona fide, life-long dividend junkie, and you might be on too. But one of the harshest lessons I learned in the panic of 2008 was that sometimes dividends can fail -- and sometimes the very companies that pay the dividends can self-destruct in an insanely short period of time. Billions of dollars of wealth (a tiny part of it mine) and untold millions in beautiful dividend income more »
In a recent speech to a gathering of bankers in San Paulo, former president Bill Clinton stated that,"If I were just sitting in a room betting on the future of rising countries, I'd bet on Brazil first." Uber investors George Soros and Ray Dalio share the same bullish view on Brazil as an investment.
Ray Dalio is the head of Bridgewater Associates, the biggest hedge fund in the more »