• Hedgeo Team

LATAM: Brazil Pushes Its Great Downsizing and Rakes In $5.2 Billion

(Bloomberg) -- The Brazilian state development bank unloaded its voting stake in oil giant Petroleo Brasileiro SA, raking in 22 billion reais ($5.2 billion) as part of a wave of asset sales aimed at reversing years of growing government influence in Latin America’s biggest economy. READ HERE

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Wall Street Breakfast: Where Do We Go From Here?

On the economic menu for today is the second estimate for fourth quarter GDP, which is expected to be unchanged at 2.1%, while durable goods orders for January are likely to show a 1.5% decrease (vs.