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Brazil Banks, Miners to Rally as Rates Rise, Credit Suisse Says

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Dec. 1 (Bloomberg) -- Brazilian banks and mining companies are best poised to rally as the central bank starts raising interest rates as soon as this month, Credit Suisse Group AG said.

Investors should cut holdings of “domestic sectors that may face headwinds during tightening, including rental cars, retail and real estate,” analysts including Andrew T. Campbell wrote in a note to clients dated yesterday.

To contact the reporter on this story: Alexander Cuadros in Sao Paulo at acuadros@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulous@bloomberg.net

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