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Accumulate Brazilian Real Estate Assets (Part Two)
Brazilian stocks have lately exhibited a low correlation with the overall EM equity index. Thus, even if our negative view on EM risk assets pans out, Brazilian domestic equity plays will likely suffer moderate downside in absolute terms, and will…
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Concise macro insight that cuts through daily noise, helping clients stay informed on what matters in markets, why it matters, and how to talk about it, without spending hours reading research.
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