Rousseff Impeachment Would Be Signal to Sell, Says Loomis Sayles

  • S&P forecasts three years of budget deficits before interest
  • Brazil slowdown will hit middle class, Vieira da Cunha says

Brazil in Political Stalemate Over President Rousseff

While the potential impeachment of Brazilian President Dilma Rousseff is seen as positive by some investors, Loomis Sayles & Co.’s Edgardo Sternberg says it would probably lead to more political confusion and a deeper fiscal impasse.

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