Brazil’s economy is now being forecast to grow at a faster rate than many anticipated it would, a situation that’s positioning related investments and exchange traded funds (ETFs) to potentially take advantage, as well.

  • Ana Nicolaci da Costa for Reuters notes that Brazil will not need an added fiscal stimulus, as the country has almost emerged from the recession. The primary budget surplus is under scrutiny, as this is a gauge of a country’s ability to service its debt. The OECD expects Brazil to have a primary surplus of 2.3% of GDP this year.
  • iShares MSCI Brazil Index (EWZ): up 55.6% year-to-date
  • WisdomTree Dreyfus Brazilian Real (BZF): up 17.9% year-to-date

For more stories about Brazil, visit our Brazil category.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.