Brazilian stocks jumped 14%. Meb Faber says the rally reflects a valuation rebound more than election news. Brazil was the world’s second cheapest equity market at the end of Q3, showing how fast extreme discounts can reverse.
published
Brazilian stocks jumped 14%. Meb Faber says the rally reflects a valuation rebound more than election news. Brazil was the world’s second cheapest equity market at the end of Q3, showing how fast extreme discounts can reverse.
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