Luiz Prudencio Quotes

Trading was kind of sideways today, confirming yesterday's rise. The perception is that prices (of Brazilian shares) in dollar terms are very cheap.

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The market continues depressed with no positive news coming out from within Brazil nor outside. This financial help for Argentina bought them time, but the structural problems continue.

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The PFL has hardened its stance and people are scared it will delay passage of the CPMF through the Senate.

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It is bad as it creates instability in the government.

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These were names the market knew and it was good news.

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