Thursday, June 20, 2013

Brazil’s unrest: should investors worry?

Prof. Alfedo Behrens / Financial Times

The scenes have been extraordinary. Not only the size of public demonstrations in Brazil’s major cities over the past week but also the violence with which they were met by supposedly elite police units have made for surprising and shocking viewing.
Are investors worried? And should they be?
The short answer to the first question is, apparently, No.

...“What is going on is the result of slow growth and that is unlikely to go away,” says Alfredo Behrens, a professor of management at FIA, a business school in São Paulo.

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