Synthesis of the Brazilian economy

BRAZIL ECONOMICS - Report 05 Aug 2020 by Affonso Pastore, Cristina Pinotti, Paula Magalhães, Bruno Cordeiro and Marcelo Gazzano

For more than two months, Brazil has been recording more than a thousand Covid-19 deaths daily, with a total so far of 93 thousand deaths and 2.7 million infected people, despite the low levels of testing. Nevertheless, the country continues without a health minister or a national plan to face the health emergency, which is being managed reactively by governors and mayors. Infected himself by the disease, President Bolsonaro spent a good part of July convalescing, a fact that together with the congressional and judicial recesses eased the political tension. The markets, awash with the extraordinary global and local liquidity, and without precise information about the evolution of the economy, operated with an optimistic bias. August will hopefully reveal to what extent this optimism is supported by fundamentals.​

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.