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December 11, 2017

U.S. | Are Equity Prices Overvalued?

The stock market is not significantly overpriced after controlling the effect of imminent corporate tax cuts. No visible credit bubble for domestic debt. The deleveraging of households and financial institutions is effective

November 15, 2011

Brazil on the global finance map: the development of the Brazilian capital market

The expansion of the Brazilian capital markets over recent years has been impressive. Stock and private bond markets reached 93% of GDP in 2010 in comparison to 33% in 2002.