Brazilian slow down frustrates investors, by Leonardo Gottems - 0 views
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Leonardo Gottems on 16 Jun 12Timizzer.com - The Brazil quarter growth rate of 0.2 percent has frustrated a lot of investors. Some would even say that the honey moon between the big of South America and international investors is now bitter. The creator of the term BRIC, Jim O'Neil, thinks that analysts are always exaggerating perspectives and that's now the case with Brazil. "Financial markets go from one extreme to the other when the expectation about a country is not confirmed. The forecasts of Brazil growth were too high, mainly after the 7.5 percent GDP rate of 2010. Adjustments were already necessary then. But now some analysis are exaggerating the problems and risks of Brazil", told O'Neill to the BBC... Continue: TImizzer.com