I think the news of Mexico's upgrade to investment grade also is helping Brazil. People are thinking Brazil could also have some sort of upgrade.
More Quotes from Carlos Levorin:
The market is basically strong but there seems to be a lack of funds and some people are turning around to eke out profits.Carlos Levorin
The market needs more money to make a new push and that money will probably have to come from foreign capital because domestic capital is starting to even out.
Carlos Levorin
If you make things easier for Mexico, you end up making them easier for Brazil.
Carlos Levorin
We are having a constant flow of domestic investment. People have changed their strategy. If you want a good return you have to go to variable income.
Carlos Levorin
The U.S. economy appears to be slowing faster than we thought, people are eyeing a recession and, in the heat of the moment, that is causing panic.
Carlos Levorin
The SP news helped. But we are having large inflows as big banks move more money into Latin America.
Carlos Levorin
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