Mark Mobius executive chairman of Franklin Templeton Investment’s Emerging Markets Group. is optimistic on Brazil among emerging markets. He calls Brazil as economically vibrant nation. His reasons for bullishness on Brazil are as following:
- Brazil’s government is cutting interest rates
- Cutting Taxes
- Govt is loosening lending requirements
The above all actions is going to provide it with a power booster growth which will help it to offset the effects of Europe’s debt crisis. You must check out
Mark Mobius on India write up to understand his likings or disliking for India as a nation.