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Hedge Fund Makes a Bold Bet on Brazil Rates

(Bloomberg) -- A newcomer in Brazil’s booming hedge fund industry says the country’s interest rate cuts will have to run much deeper than most investors expect, defying calls that the easing cycle is close to an end. 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.

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