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

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.

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