Brazil

Latin American equity indices have undergone a severe bear market in 2008, closing the year down almost 60% in some cases. While equity markets across the world have seen enormous... 2009-01-02

As As BMI had suggested on various occasions, local debt has been the name of the game in Latin America since late 2008, and should continue to outperform other assets classes well... 2008-12-29

BMI View: We have grown extremely bearish on Latin America's growth prospects as the region faces a darker age of lower commodity prices, stricter financing, and waning demand. In... 2008-12-23

It appears that the recent relief rally for equity markets is running out of steam, and we believe that, in line with our general bearish outlook on LatAm stocks, bourses across the... 2008-12-23

BMI View: We have grown extremely bearish on Latin America's growth prospects as the region faces a darker age of lower commodity prices, stricter financing, and waning demand. In... 2008-12-23

Since first calling for significant yield compression of Brazilian DI interest rate swap yields one month ago, our view on the January 2010 contract has played out nicely, even exceeding... 2008-12-19

BMI View: Ecuador's outright suspension of external debt payments, which has triggered the first major default since Argentina in 2001, will inevitably put Latin America's sovereign... 2008-12-15

Our interest rate targets for 2008 in Brazil, Chile and Peru have now been met following the recent policy rate meetings in all three countries. In October, we decisively shifted... 2008-12-12

While the Brazilian economy is set to post another year of robust economic growth in 2008, we are revising down our 2009 and 2010 real GDP growth forecasts to 2.3% and 2.6%, respectively.... 2008-12-10

On December 5 BMI suggested that Colombia may find it difficult to attain investment grade status next year, counter to previous assumptions, due to global market distress and a worsening... 2008-12-08