Special Situations 🇧🇷

USA and India valuations in a complete frothiness. Euro zone doomed to fail. China with a broken economic system. Brazil selling off due to lack of fiscal confidence in Lula. Cheapest valuations across EM. Foreigners in fear mode. Its time for generational wealth to be made 🇧🇷

Who is most impacted by a 10% rise in oil prices

Global investors are piling into Brazilian stocks: Brazilian stocks recorded +$2.3 billion in foreign inflows so far in January, the most in a single month since December 2023. This is more than DOUBLE the prior 7 months combined. As a result, the Brazilian Ibovespa stock index rallied +9.7% in US Dollar terms last week, the best performance among world major equity markets. Furthermore, Brazil's ETF, $EWZ, which covers 85% of the nation's stocks, is on track for its biggest monthly inflow since September 2014. These inflows have led to the creation of new ETF shares, pushing the total outstanding to 230,000 shares, just shy of an all-time high. What is happening in Brazil?

Coming back to this topic Recent ‘take privates’ of BR listed cos include the likes of Carrefour, CMA CGM and MSC; who saw a great and cheap capital allocation oppty Now we have rumors of Actis/GIC take Serena private. Here is a list of other potential candidates. DYODD

Coming back to this topic Recent ‘take privates’ of BR listed cos include the likes of Carrefour, CMA CGM and MSC; who saw a great and cheap capital allocation oppty Now we have rumors of Actis/GIC take Serena private. Here is a list of other potential candidates. DYODD