Category Archives: Brazil Market Watch

Bright Outlook in Brazil’s Stock Markets

Today, a far brighter outlook helped lift the dismal gray fog surrounding global financial markets, which were pummeled by a global sell-off last week due to surging fears that Greece was looking as it it would become the European Union’s premiere sovereign debt default. Investors were sent scrambling wildly into the U.S. dollar looking for safety as they recalled the dark days of the 2008 global financial crisis, which may still be lingering around the world.  As parts of Europe teeter on the edge of financial collapse, things are heating up in Brazil.