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Economists Predict Impeachment Rally Likely to be Short-Lived

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The day after Brazil’s Chamber of Deputies authorized the continuation of the impeachment process of President Dilma Rousseff, by the country’s Senate, economic analysts try to forecast how the country’s economy will react to a possible impeachment.

For Neil Shearing, Chief Emerging Markets Economist, at Capital Economics consultancy group, markets are still in a 'what’s bad for Dilma is good for asset prices' mindset. The economist says that although markets will rally in the coming days and the Subscribe to our Premium Membership Plan. Already Subscribed?

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