Brazil & Argentina: World's best stock markets

Source: CNN Money
By: Patrick Gillespie
03.07.2016

Brazil has a terrible economy...but its stock market is one of the world's best this year.

A comeback in commodities prices and a new round of corruption busters are driving Brazil's stock market rally. Its market index, Bovespa, is up 14.1% so far this year in dollar terms, second only to its neighbor, Argentina, which is up 14.7% so far in 2016.

...

As for Argentina, the world's best stock market, its rally is fueled by the end of a debt battle with American bondholders, which will pave the way for Argentina's re-entry into the global capital markets after 15 years.

There's also a huge amount of optimism riding on its new president, Mauricio Macri, who is rewriting the country's economic playbook. Investors are hopeful that Macri's team will turn Argentina's stagnant economy in the right direction.

External Link: CLICK HERE FOR FULL ARTICLE.

  • VII Concurso Internacional de Vinhos do Brasil (Wine)
  • New York Times 36 Hours in Buenos Aires
  • Alternative Latin Investor
  • Artful Living (Mansion)
  • Avid Magazine (AWE)
  • BlackBook Mag (Mansion)
  • CNN (AWE)
  • Conde Nast Traveler (Mansion)
  • Delta Sky Magazine (Mansion)
  • Departures (AWE)
  • Elite Traveler (Mansion)
  • Finger Lakes International Wine Competition (Wine)
  • Fodor's Choice 2013 (Mansion)
  • Fodor's Choice 2013 (Wine Estates)
  • Fodors (AWE)
  • Forbes Life (Mansion)
  • Frommer's Best Vineyards & Hotels Around the World
  • Andrew Harper’s Grand Awards 2013
  • International Wine Challenge U.K.
  • 2013 International Wine & Spirit Competition (Wine)
  • Kiwi Collection (Mansion)
  • Kiwi (AWE)
  • National Geographic Traveller 2012
  • Order Wine Direct (Wine)
  • Robb Report Exceptional Places 2012
  • Tablet Hotels (Mansion)
  • Telegraph (AWE)
  • Mediterranean International Wine & Spirits Challenge (Wine)
  • Travel+Leisure
  • Trip Advisor Top 25 Hotels for Romance Argentina
  • Unique Homes (AWE)
  • USA Today (Mansion)
  • 2013 Vinalies Internationales Paris d'or (Wine)
  • Vinandino 2013 (Wine)
  • VINUS 2014 (wine)
  • WAWWJ 2014 (Wine)
  • Wine Enthusiast (AWE)