|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||25.40 - 25.55|
|52 Week Range||7.70 - 25.55|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.59%|
The latest court appearance of Lula, and the arrest of two of Brazil's most well known multinational executives, is indicative of a country losing its leadership.
The opposition, reeling from loss after loss, said it will roadblock pension reform every chance it gets. Congress, worried of being vilified more than they already are due to Petrobras criminal probes, is unlikely to make any radical changes.
Brazil's executive branch gives the country until March 31, 2018 to pass key reforms. If not, all bets are off until the next president is elected in October.
Brazil's going backwards with a rise of informality in the economy and a completely lackluster tax base that means its hyper conservative government won't meet its budget goals again.
On July 13, 2017, Brazil’s former President Luiz Inácio Lula da Silva was sentenced to ten years in prison for graft.
The Industrial Entrepreneur Confidence Index in Brazil (FBZ) dropped to 51.9 in June 2017 compared to 53.7 in May 2017, reaching its lowest level since January 2017.
The Brazilian (BRZU) economy added ~34,250 jobs in May 2017, making it the second consecutive month of job creation in 2017.
Brazil's blockbuster economic reforms agenda is unlikely to impressive. Following a labor reform fail, Brazil's corruption-clad congress is getting nothing done.