UBR - Local Investors Discover Brazilian Stocks
By Claus Born, CFA, Senior Vice President, Institutional Portfolio Manager, Franklin Templeton Emerging Markets Equity
The COVID-19 pandemic has been devastating for Brazil, but heavy government spending and monetary policy easing have helped bring some stability to the economy. Claus Born, senior vice president and institutional product specialist, Franklin Templeton Emerging Markets Equity, shares some thoughts as to why local investors have been supporting its market in recent days, too.
Brazil has seen many negative headlines in the last few months. The country is among the hardest hit by the coronavirus pandemic, just behind the