Gross: Rousseff Impeachment Not 'All Clear' for Brazil

The video discusses the political shift in Brazil with the ousting of Dilma Rousseff and Michel Temer taking over as president until 2018. It explores the potential impact on Brazilian markets, including sovereign credit and equities, and highlights the economic challenges Brazil faces, such as liabilities, pension issues, and infrastructure limitations in commodity production.

Who is set to take over the presidency of Brazil until 2018?

• Fernando Henrique Cardoso

• Luiz Inácio Lula da Silva

• Dilma Rousseff

• Michel Temer

What is the market's likely view on the political change in Brazil?

• An all-clear sign

• No change in perception

• A sign of potential improvement

• A sign of worsening conditions

Why does the speaker doubt Brazil's investment-grade status?

• High inflation rates

• Numerous liabilities, including pensions

• Political instability

• Lack of foreign investment

What infrastructure issue does Brazil face according to the speaker?

• Poor telecommunications

• Insufficient airports

• Limited infrastructure for commodity delivery

• Lack of roads

What is the speaker's outlook on Brazil's future?

• Challenging with a tough road ahead

• Optimistic and clear

• Stable and prosperous

• Uncertain but hopeful