Brazil's Debt 'Snowball' Won't Be Easy to Tame -- Barron's
By Craig Mellow Investors are betting that Flávio Bolsonaro, backed by a much more conservative Congress, can defuse Brazil's loudly ticking debt bomb and unleash a perennially cheap stock market. "A deeper and durable fiscal adjustment has become our base case," says Alejo Czerwonko, chief investment officer for emerg