The wisest analysts in New York and Washington are sanguine.
Walter Molano, an occasionally wise investment analyst from BCP Securities, an American firm, says Brazil should "throw in the towel" now and start "an orderly restructuring" of its debt before things get worse.Such arguments were last heard in 1998, before Brazil's move to a floating exchange rate, yet proved wrong.
"This market is more tumultuous than it ever has been," Mr. Wise told analysts in a conference call.
For its part, the public may also be sadder but wiser, some analysts say.
Some may have scared their neighbors into silence while others live essentially off the grid, Bawa Abdullahi Wise, a security analyst who studies Boko Haram, told me.
She puts sexually conservative views into the mouth of Mother Sugar, the wise old Jungian analyst, but Anna seems to share them, and there is much inner debate about whether a woman can have an orgasm with a man she does not love, whether vaginal orgasm is superior to the clitoral orgasm (she decides it is), and whether a woman needs a "real man".
If your aim is to make good stock recommendations to investors, it would be wise to hire analysts with a long track record of star performance.
That may have been a wise omission, some analysts argue, as a premature photo op depicting the smiling leaders of longtime enemy countries could be used by either president's political opponents to derail any prospects for reconciliation.
A wise, kind colleague, mentor and analyst to a generation of analyst, she will be greatly missed.
