Tag Archives: Vale

Timing is everything when it comes to investing, which is why “playing the growth of the middle class consumer in Brazil” is likely to prove a major conceptual blunder by fund managers selling the idea of emerging market ‘decoupling’ to unsuspecting retail investors - even as the tide turns on the emerging markets growth story. No county has benefitted more from China’s economic growth, and unparalleled demand for resources than Brazil. But it is also because of its American-style consumer debt bubble that it is likely to prove one of the most leveraged bets on emerging market growth.