Brazil looks like it will keep on dropping until the pools for the presidential election of October 18 gets a rational candidate. TGT could be circa 23.8.
Note
by October's Election PBR should be near 8.26
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.