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From Komfie Manalo, Opalesque Asia:

The Brazilian economy showed excellent resilience when it was able to quickly pull out from the 2009 global financial crisis. But recent structural imbalances have cast some doubt over the country’s transition from a state of "eternal promise" to a "sound and genuinely influential economy at the global level".

In its latest study, Swiss banking group SYZ & Co. said that the labor market in Brazil has improved in recent years with the unemployment rate reduced from 12.3% in 2003 to 5.3% at the end of 2010. The country’s unemployment rate remains at an all-time low despite a slight increase in recent months.

Real wages have recorded a +5.3% rise in Q4-10 which brought an increase in consumption. Early estimates pointed to a rise in consumption by about 14% in 2012.

Indeed Brazil’s economy is showing solid growth. A report by Bloomberg, revealed that investors are flocking through Sau Paolo’s Guarulhos International Airport to look for investments in the country, particularly at Credit Suisse Hedging-Griffo, one of the world’s top-performing hedge funds. The investors are all asking to put their millions of dollars into this hedge fund.

However, not all of them are lucky as the hedge fund has to turn most of them down. Explained Luiz Paulo Parreiras, strategis......................

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