If one understands global finance on findthebest.com, then the name of Igor Cornelsen should sound familiar. He’s a well-regarded Brazilian banker and investment professional. When he speaks, many people listen, because he knows exactly how Brazilian banks weather the storm when bad economic times strike.
According to Igor Cornelsen, choosing to invest in the biggest South American country is a wise option for a number of reasons. Consider the burgeoning population of Brazil as the largest country on the continent and its ready abundance of natural resources with a demanding need for infrastructure development. The country happens to be one of the major food producers in the world, and these strong features make Brazil an ideal market to do business in.
Igor Cornelsen advises folks not to dive in but to learn some of his basic rules before adding Brazilian stocks to their portfolios. Then, one will understand how amazing and profitable investing there can be. Not only are people excited about the Summer 2016 Olympic Games in Rio but anxious to see the country’s finances get back on track and watch Brazil return as a key player in world economics.
Igor Cornelsen suggests to merely look at the power players present in Brazil. The largest S.A. country features 10 major privately and state owned commercial and investment banks. Then, he advises watching the new finance minister shake things up a lot differently from President Dilma Roussef’s populist philosophy. Joaquim Levy leans heavily to the private sector and is unafraid to enforce some hard policies.
China also comes into play when Brazil’s economic climate is on topic, because the markets are closely connected. China remains the country’s largest trading partner, so it’s quite simple, Igor Cornelsen suggests. “A stronger Chinese economy means good prices for Brazilian raw materials.”
Keeping the real stable is vital for the Brazilian economy on imgfave.com, says Cornelsen, because at the moment, Brazil maintains an overvalued currency. He is hoping that the new Roussef administration will allow devaluation of the real to resume at a controlled pace, igniting more investments in industry and improving competition in the export of manufactured goods from Brazil.
Igor Cornelsen wants to assure potential investors that Brazil’s market is on the upswing and plenty of work continues, but that the country also remains in a delicate status. He believes the pay-offs will be great ones for those who enter the market now.
In the second half of 2015, the U.S. stock market took a nasty turn and investors felt the crazy winds of uncertainty that surrounded them. The crashing oil prices, the emergence of ISIS and the strange series of events that were taking place in the political arena in the United States. The year got off to a decent start, but the S&P finished the year flat. The fear that raced through the market at the end of 2015 continued in 2016 when the market took the worst nosedive at the beginning of any previous year on record.
According to Billionaire hedge fund investor George Soros, the unpredictable nature of the stock market is a constant, but the end of 2015 and the beginning of 2016 signaled more than unpredictability. Soros told Bloomberg.com that the stock market’s behavior was one of the signs that his 2011 prediction was in progress.
In the Bloomberg.com article, Mr. Soros said he warned the members of the economic forum in Sri Lanka that a global recession is in progress on opensocietyfoundations.org, and it will be more devastating than the mortgage bond inspired Great Recession of 2008.
George Soros is the manager of one of the most successful hedge funds in history. He is also known as the man who broke the Bank of England when he bet against the pound sterling in 1992. That bet put $1.2 billion into the Soros bank account. Since then, Soros has added another $22 billion to his private account, and he has spent about $6 billion promoting his open society concept in countries that don’t respect human rights.
When NYBooks.com reprinted the Soros prediction recently, one of the first points that was stressed during the forum was China’s inability to turn their economy around. China has the world firmly locked in stranglehold, and it is trying to tighten its grip, by manipulating their currency and releasing false economic figures. The truth is, China is turning the world into a carbon-copy of itself, economically speaking, and there’s no stopping the turmoil that will result from that process.
Mr. Soros believes China’s currency will be devalued in 2016, so he is betting that China will not be able to turn their battered manufacturing sector into a positive economic performer. China is also going to have trouble keeping their stock market solvent, according to Mr. Soros. The Chinese dumped billions of dollars of capital reserves into their stock market at the beginning of 2016, and the market is barely hanging on. China is going to create an assortment of issues for Asian nations and the rest of the world, and Soros thinks the European Union could exacerbate the global meltdown.