Market Expects Temer to Tune Up After Impeachment: Garde
Source: BFW (Bloomberg First Word)
People
Daniel Weeks (Garde Asset Mgmt)
Michel Temer (Federative Republic of Brazil)
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UUID: 7947283
(Bloomberg) -- Brazil market expects that acting president Temer will maintain a firm stance on reforms, overriding the interests of specific sectors, Daniel Weeks, chief-economist at Garde Asset Management, says in a phone interview.
Alert: HALISTER1- Besides impeachment, investors focus on measure to cap government spending
- Allegations involving Temer has create discomfort in short term
- NOTE: Saturday, Odebrecht Linked Temer to Illegal Donation to PMDB Party: Veja
- Report seems similar to other allegations already disclosed; if no fresh details emerge, it’s not concerning for markets, Weeks says
Source: BFW (Bloomberg First Word)
People
Daniel Weeks (Garde Asset Mgmt)
Michel Temer (Federative Republic of Brazil)
To de-activate this alert, click here
UUID: 7947283