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https://www.bloomberg.com/view/articles/2016-12-06/greece-deserves-credit-for-its-reform-efforts good things are happening in Greece

You cant make this shit up, now the Supreme court will rule on this temporary order on Wednesday. Presumably Toffolli agreed with this when he saw that his charade was up. I suspect it will be a 11-0 vote, with Tofolli voting for it just to try to pretend he wasn't doing out of personal interest

The bad thing about this is that the guy who is assuming the Senate presidency is from the left, from the same party as the Rouseff and Lula. And he might try to pull some chicanaries to delay votes. But I doubt he can do anything about the important fiscal vote that is set to take place on Dec...

The president has less privilegues I guess, senators and deputies can continue to in their posts even though they are waiting for trial but the president cant. But the biggest privilege that they all have is that they can only be charged by the Surpreme Court and they are slow as hell. It always...

Even though the Judiciary and the Legislative are in a quasi-war right now, this doesnt seem to be a forced decision. By the Constitution the President of the country loses their post immediatly after becoming a criminal defendant, until the trial happens. So people in the sucession line could...

Temporary until the entire court votes but I'd say this is as good as final because -The court was voting 6-0 when Tofolli asked for the vote to be suspended on the grounds that he wasn't ready (Total voters is 11) -His term ends Feb 1. Should take quite a while for the court to vote, until then...

Brazil Senate President was just removed from his position by a Supreme Court judge. Should help stop a lot of the nonsense

A major part of the fiscal reform was already approved in two rounds in the lower house and in the first round in the Senate. The second round vote is scheduled to be on Dec 13. Once that gets approved, I dont think there will be much of a reason to be worried any longer

I think what the Brazil bears are missing is that even if pension/entitlement reforms get delayed by a 1 year or even 2. Deep fiscal reforms are almost a certainty in 2019 when a new Congress and President will take over. They are highly likely to be right wingers. So a delay can easily be made...

Lot of people missed a 71% rally from the low to the high this year but somehow they think they can time this market. I'm all for timing the market, as a day trader, with quick bets here and there if the right news comes out. But I do in a separate account, with stops and targets. For long-term...

The Brazil fund manager I mentioned in the past has now turned into a daytrader. He is mad at himself for not hedging his Brazil risk right before the dollar soared last week. Dude now is watching every tick in the market and trying to make predictions over which executive minister will fall...

Keep in mind that I got quite a bit of my assets in USD and also have USD income. So I'm resonably well hedged against problems in Brazil. I have a very high bar for me to want to get out and avoid Brazil risk, little hicups along the way dont count. I need to clearly see a crisis or big problem...

Congress is full of people who know they will lose reelection in 2018 and will soon head to prision after they lose their legal privileges. So they are trying to force the President to help them approve a bunch of bills designed so they avoid prosecution and prison. The President is in a tough...

Obama didnt even offer an incentive to PFE or AGN, they just flat out blocked them. What Trump is doing (and his latest tweets seem to back that) is to provide incentives in terms of less regulation, lower taxes for companies that stay in the US and tax those that leave. He is changing the...

https://www.washingtonpost.com/news/wonk/wp/2016/12/02/why-trumps-carrier-deal-is-bad-for-america/?postshare=2131480736307081&tid=ss_tw&utm_term=.fef1e390f3eb Larry Summers is very upset about the Carrier episode, yet he didnt seem to mind that the US Treasury targeted the PFE-AGN inversion...

I got some plans for that database, I want to backtest different balance/risk party style portfolios and see what the returns/volatility were like. Best year, worst year, avg gain, avg drawdown, that sort of thing.

Good article. You US folks are so lucky, you got people like Meb Faber and ETFs all over the place to make investing so much easier. Here in Brazil, you try to find historical returns for asset classes and its a pain. There were so many currencies, so many different laws, inflation metrics. I'm...

EWZ is not doing all that bad because the decline has been mostly due to the currency. I didnt count the currency gains on the way up so I dont count them on the way down. Most of my costs are in BRL so a weaker BRL is no big deal for me But yeah, I do have the tendency to ramble from time to...

I'm not saying all of his behaviors are right, but I'm raising the counter-point: its more complicated than it looks. People play arm chair psychologist and think they got Trump all figured out, what I'm saying is, the issues are deeper than that

I also ask, where are the angels who are not using bluffs and game theory to protect themselves from a mess of a legal system and losing all their networth in legal fees in the process? I seriously would like to know. Because I'm sure their laywers have no problem using these tools and if they...