BRZU

Weekly Report: what happened at BRZU last week (0715-0719)?

Rising Costs And Gloomier Prospects Cast Shadow Over Emerging Market Outlook

Emerging market economic growth was sustained at a solid pace in June, despite easing from the one-year high seen in May. The expansion was led by manufacturing as service sector growth slowed. Manufacturing production rose at the fastest pace since November 2020. Input price inflation climbed to a ten-month-high, driven by rising costs.

BRZU: Signs Begin To Improve

Brazil had one of the worst performances in the financial market in the first half of 2024. Interest rate cuts in the US should benefit emerging markets like Brazil. The Big Mac index points to a major devaluation of the Brazilian currency against the dollar. Brazil's political noise is expected to decrease in the second half of the year. I recommend buying the Direxion Daily MSCI Brazil Bull 2X Shares ETF (BRZU)

Weekly Report: what happened at BRZU last week (0708-0712)?

Taking A Page Out Of The EM Playbook

Weekly Report: what happened at BRZU last week (0701-0705)?

Global PMI Upturn Cools From One Year High As Outlook Darkens

Global economic growth slowed in June but remained the second-strongest seen for just over a year. The US bucked a broader developed world slowdown, with output growing at the steepest pace since April 2022. The global economy expanded for an eighth consecutive month in June. Business expectations for the year ahead are lowest for seven months.

Nearshoring Dynamics: Latin America's Strategic Economic Shift

Latin America is a region at the cusp of a transformative era as a region. Nearshoring Dynamics: Latin America's Strategic Economic Shift. Axel Christensen is Chief Investment strategist for Latin America for the BlackRock Investment Institute. He says the region is becoming an epicenter of global change. The demographic shifts in demographics are creating a mosaic of investment opportunities.