Included below are four of the best investing tips of Igor Cornelsen for Brazil’s marketplace.
Investors need to trust their assets in reputable institutions
Igor Cornelsen states that there are roughly ten large, reputable banks currently operating in the South American nation of Brazil. Since PR Newswire release this story in 2015, one of the top ten, HSBC Brazil, has been acquired by Banco Bradesco, leaving only nine banks worth their proverbial weight in salt.
Investors shouldn’t trust just any bank in holding their assets, as smaller banks generally don’t protect investors’ investments and securities as well as large, established financial institutions.
Brazil and China are more interconnected than most think
Brazil imports more raw materials from China than any nation on planet Earth. Many of these inputs are sent to Latin America in the form of finished goods. Similarly, many Chinese exports end up in Latin America. This web of interconnectivity means that investors need to keep a close watch on what’s going on in both countries, as well as each of their relationships with countries in Latin America.
Read the article at frenchtribune.com
Brazil’s real isn’t worth near its exorbitant price tag
The real is widely known to have flopped in recent years. The central bank of Brazil has offered tons of currency swaps since 2014 in efforts of keeping the real’s value from dropping further. Whenever a country’s central bank engages in currency swaps, it’s almost always a bad sign for their respective currencies.
Learn more about Igor Cornelsen’s methods at ireport.cnn
Changes in politicians and policies they enact are important
The past two finance ministers in Brazil, Joaquim Levy and Guido Mantega, haven’t done great things for the financial position of Brazil. However, whenever they were appointed, there were immediate effects in financial markets. Similarly, whenever there are elections, it’s likely that financial markets will get shaken up.