stock market: In fact, you could have added up the stock market value of every other country in the region and it would have fallen well short of Brazil $1.7 trillion, according to Bloomberg. But now, as the nation recession and political crisis deepen and its currency plunges, Brazil grip on the top spot is suddenly weakening. At one point a few years ago, its market had gotten so big that it was almost four times larger than that of its nearest rival, Mexico. That gap over Mexico, once as much as $1.1 trillion, is down to just $133 billion. It not that Mexico market, and economy, are doing great. And while stock pundits aren’t necessarily predicting that this slim lead will disappear entirely, a regression analysis of the current pace of declines indicates that it could happen over the next 13 months.
(news.financializer.com). As
reported in the news.
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