June 2016: A Tale of Two Brazils—Why It’s The Best of Times For The Northeast Coast
To an outsider, it looks like a calamity in Brazil. One million protestors calling for the president’s impeachment…corruption scandals…a financial crisis… The country’s congress and senate have both voted to impeach president Dilma Rousseff. Last month, she was suspended from duties for 180 days. Far from being a reason to avoid Brazil, it allows us another opportunity to buy well here…and to take advantage of some special-situation deals…