Are Brazilian Stocks the Star Buy of the EM world?
Investors have piled into the real and Brazilian stocks this year on speculation that a new government would improve Brazil's finances and help end the deepest recession in a century after the nation lost its investment-grade credit rating last year. The trial, on charges that Rousseff illegally financed government spending, is scheduled to finish as early as Tuesday. The Senate’s 81 members need at least 54 votes to permanently oust Rousseff and ban her from public office for eight years. UniCredit Head of Global FX Strategy Vasileios Gkionakis discusses the wider implications such a precedent would set with "On the Move" host Guy Johnson.