We don't know of any good individual Brazilian stocks, but we want to point out that the Brazilian economy looks strong. Their inflation rate has declined to 7.17% and their central bank has interest rates at 13.75% for real rates of 6.58%. Brazil has room to cut rates, which would cause their stock market to explode higher. The Brazilian Real is undervalued by at least 20%-30% vs. the USD. We are willing to bet anyone a million dollars that iShares MSCI Brazil ETF (EWZ) well outperforms the S&P 500 over the next 5 years.
It is important to think out of the box and buy what has been out of favor for the past decade.
Investors who reenter the same exact big tech stocks, ARKK stocks, or Crypto related investments that previously did well over the past decade... will get destroyed.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. This message is meant for informational and educational purposes only and does not provide investment advice.
Preparing Americans for Hyperinflation
