By listening to southamerica you would think brazil is risk free http://www.bloomberg.com/apps/news?pid=20601087&sid=atEeJMtueoRk&pos=7
1) Do you and "he" discuss markets over coffee? 2) Does Brazil have the equivalent of a Fed Funds futures contract?
1)no, he would ask me to pay for his tip 2)It has but I dont have a brazilian broker. Still waiting for the CME-Bovespa integration to be avaliable at IB