Investment Banker Igor Cornelsen Thinks Industrial Production Contracts Should Improve In 2016 If The Government Steps In

Brazil’s two-year recession is entering its third year, and the miserable cycle of job losses and dreadful consumer spending are pulling the middle class backwards. Igor Cornelsen, the former bank executive that helped get the economy moving in 2008, said that unemployment could push past the 10 percent mark, and retailers will continue to report…

Kyle Bass: Genius or Menace?

Last week’s Wall Street Week video featured J. Kyle Bass sharing his opinion on the rapid selloff of emerging markets. Bass founded Hayman Capital Management based in Dallas and feels that emerging markets have been through a lot but are likely to get worse before they get better. Bass feels that eradicating corruption is the…