Brazil’s Slowdown Gets Less Polite

Business and Finance

COVE-8-FIN

Brazil’s Slowdown Gets Less Polite

High rates and tight credit are pressing on Brazil’s economy.

valorinternational

Financial strain adds to Brazil’s economic slowdown | Markets | valorinternational

Long-term yields at home and abroad offset support from stocks, currency and other market indicators, reinforcing expectations of weaker growth

^Business^^Rates^^Macro^^EmergingMarkets^

Context

Valor International says Brazil’s financial conditions remain tight, adding drag to an already slowing economy. This is a clean macro and markets story, with rates doing the heavy lifting.

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