After a disastrous 2015, Brazilian stocks and bonds are posting the biggest gains among global peers this year. Speculation that President Dilma Rousseff could soon be ousted, ending a political stalemate that has paralyzed the country, is fueling the rally.
Yet, whoever steps into Rousseff’s shoes would face daunting challenges, from closing a crippling budget deficit to pulling Latin America’s biggest economy out the worst recession in more than a century.
“The fall of the government doesn’t mean that all problems will be solved,” said Leonardo Monoli, a partner at Jive Asset Gestao de Recursos. “On the contrary, the challenges ahead will be very big.”
Brazil Energy Insight 
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