Monday, March 16, 2015

Is Latin America the next crisis waiting to happen?

A million people marched in Brazil against the Government. The Real had already lost over 20  % this year against the dollar. Mexican Peso and Chilean Peso are also under pressure. With the strengthening of the dollar there is a strong exodus to that currency. Added to this, is the political storm in Brazil. It looks like a fall time this spring!

One can only see sell signs!

Views expressed without risk or responsibility 

No comments:

Post a Comment