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Fitch cuts Brazil to junk - Outlook remains negative

The shears are out for the leader of the Brics

  • Cut ot BB+ from BBB-
  • sees GDP of -3.7% in 2015, -2.5% in 2016
  • Says economic slump isn't abating

And people are moaning that US growth isn't great, yet looking at the wider picture it's probably a blessing

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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