Welcome Guest | Register / Login

Retail Savings and Investments in Brazil - Coronavirus (COVID-19) Sector Impact

Retail Savings and Investments in Brazil - Coronavirus (COVID-19) Sector Impact

Summary

The Coronavirus (SARS-CoV-2) outbreak, dubbed COVID-19, is first and foremost a human tragedy, affecting millions of people globally. The contagious Coronavirus, which broke out at the close of 2019, has led to a medical emergency across the world, with the World Health Organization officially declaring the novel Coronavirus a pandemic on March 11, 2020.

Fears surrounding the impact of COVID-19 have already significantly impacted the global economy, with most countries across the world registering declines in economic growth for the year to date. Many economists and institutions have cut their forecasts, with many experts predicting the onset of recessionary environments.

A similar trend has been seen in Brazil, with economic growth declining in Q1 2020. The International Monetary Fund (IMF) anticipates a 5.3% decline in Brazil's GDP in 2020, while unemployment is set to rise to 14.7%. This will impact the country's retail savings and investments industry. Brazil has been among the countries worst hit by the pandemic, with the second-highest number of confirmed cases (behind only the US).

This report focuses on the impact of the coronavirus outbreak on the Brazilian economy and the country's retail savings and investment market. It also highlights the measures adopted by the government to combat COVID-19. Based on our proprietary datasets, the snap shot contrasts GlobalData's pre-COVID-19 forecasts and revised forecasts of total retail bond, deposits, equities and mutual funds holdings in terms of value and growth rates. It also analyses the effects on HNW wealth, examining the importance of different industries as a contributor to HNW wealth.

Scope

- Brazil's retail savings and investments are forecast to expand by just 0.5% over the course of 2020, as the economy has come to a near-standstill thanks to the impacts of COVID-19. Even though the easing of lockdown restrictions and restarting of economic activities has gradually improved stock market performance, elevated levels of uncertainties regarding market performance still persist as the number of cases continues to rise. Retail equity and mutual fund holdings are thus expected to take the brunt of the economy's slowdown, with respective declines of 23.2% and 8.6% anticipated.
- Retail deposits and bond holdings have fared better than initially expected courtesy of a flight to safety away from risk assets. According to the Central Bank of Brazil, both time deposits and demand deposits observed boosts in their balances by 6% and 4%, respectively, in May 2020. However, more pronounced declines in risk asset holdings mean GlobalData's total retail savings and investments holdings forecast for 2020 is 4.7 percentage points (pp) lower than before the onset of COVID-19.
- High-net-worth (HNW) wealth is forecast to grow by only 0.8% during 2020. However, the effects on the different segments that make up the HNW market will be disproportionate. The financial services sector - the largest contributor to HNW wealth - has already taken a significant hit, as indicated by the 27.1% decrease of the BM&FBOVESPA Financials Index for the year to June 30, 2020.
- The industries that have withstood the current crisis more robustly, such as the tech and healthcare sectors, only contribute a minor share to HNW wealth.

Reasons to Buy

- Make strategic decisions using top-level revised forecast data on the Brazilian retail savings and investments industry.
- Understand the key market trends, challenges, and opportunities in the Brazilian retail savings and investments industry.
- Receive a comprehensive insight into the retail liquid asset holdings in Brazil, including deposits, mutual funds, equities, and bonds.
Single User License: Report will be emailed in PDF format and can be accessed by a specific user. This License type allows the report to be Printed.
Site License: Report will be emailed in PDF and  allows only employees within the same geographical location within the organization to access it. This License type allows the report to be Printed.
Global Site License: Report will be emailed in PDF format and allows all employees within the organization to access it.  This License type allows the report to be Printed.
Why http://www.marketreportsonline.com/
Retail Savings and Investments in Brazil - Coronavirus (COVID-19) Sector Impact
Published By :GlobalData
Price
How to Purchase
Purchase reports from our site in few easy clicks. Please follow the description given below to complete your purchase process.
Step 1:
Select the report title of your interest, and Click on Buy Now button next to the Price option.
Step 2:
You will arrive at the Purchase page, where you will be requested to Signup (New User) or Login (Registered User). Please note that in-keeping with the security check on the website, you must submit your full details to avoid any inconvenience arising from incorrectly entered data or counterfeit information.
Step 3:
After SignUp/Login, you will arrive at our Payment Page on Paypal. You will see your Order Summary as well as an option to Choose a way to pay. Select a Payment option from Pay with a Paypal account OR Pay with a Debit or Credit Card. MarketReportOnline accepts Visa, MasterCard, American Express and Discover through Paypal. Fill up the required details in the option of your choice.
Step 4:
Once you follow the required process in Step 3 as mentioned above, you have successfully completed the purchase process.
Step 5:
Once you have successfully completed the purchase process, you will receive a confirmation email. The report will then be emailed to you directly by the publisher, as per our agreement with the publisher. For Orders that are placed after working hours, the delivery of the reports will be made on the next business day. For orders that are placed during weekends, the delivery of the reports will be made on the next 'working' business day. Please note, if you select purchase by invoice, you will receive your report only once the payment has been received. If you have any queries about how to order, please Contact Us.
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy