Investors boost bets on post-Rousseff Brazil, long-term doubts persist

BlackRock Inc is among major asset managers that had been raising their bets on Brazil even before President Dilma Rousseff was suspended from office on Thursday, but many investors are wary about the long-term recovery prospects of Latin America's largest economy. The growing likelihood that business-friendly Vice President Michel Temer would take power has already driven Brazil’s Bovespa stock index 22 percent higher and its real currency up 12 percent against the dollar so far this year