Companhia Sanea (SBS): Listner Don't know if you are watchin...

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Companhia Sanea (SBS)

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flatlander_60048

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flatlander_60048

Re: None

Wednesday, 02/03/2016 12:55:05 PM

Wednesday, February 03, 2016 12:55:05 PM

Listner

Don't know if you are watching but the US ISM was down today indicating a weakening of the US economy (not just the stock market). The dollar is down and emerging markets and SBS specifically is up 2.5%. This is the scenario that I previously mentioned as one of the reasons I like SBS. If the US $ continues to weaken the SBS ADRs will close some of the gap with the stock in local currency.

FL

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