LPNEWS
The Christ the Redeemer statue stands on top of Corcovado Mountain in Rio de Janeiro. The economy is still in very slow recovery mode, but investors are celebrating what looks like the final lap of pension reform. Brazil is on a tear lately. Its Bovespa Index is the beating all of the emerging markets. It’s besting China. It’s besting Trump’s super-duper stock market here at home. It’s all thanks to a once unpopular pension reform bill, which saw hundreds of thousands rally late last month in support of the new president’s push to overhaul Brazil’s teetering public pension system.

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