Safe havens in the brave new world: Brazil & Mexico | David Woo

As the world economy teeters on the edge of a recession, the only surprising bright spots are Brazil and Mexico that that have seen their currencies rise against even the US dollar in a year of broad dollar strength. Why are these economies doing so well? What do they tell us about the winners and losers of our increasingly polarized world? What lessons can we take away and should we view the investment opportunities in these countries as the new safe havens? A former top-ranked Wall Street global macro strategist tells it as it is. You may not agree with everything he says but he will make you reassess everything you thought you knew.

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