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– Ryan Fitzwater, Associate Franchise Publisher

I began my career as an emerging markets specialist. Starting in the early ‘90s, I often found myself in places like Turkey, Indonesia, China, Argentina, Egypt and more than 70 other countries.

I still follow these markets in The War Room. Our mantra is to follow the opportunity wherever it takes us. And this week, it took us to Brazil, the hypergrowth basket case of South America.

There is always something going on in Brazil, and it’s usually tied to inflation, government corruption or both!

So why take the leap to invest in Brazil for a trade?

Precisely because it is volatile, and if we can catch it at the right time – and give it some time – we could make out like bandits.

Brazil has suffered as a result of COVID-19, but that can be said about pretty much every country. With a would-be authoritarian in power, the country has been slow to react, preferring the path of ignoring the pain instead.

With a vaccine on the horizon, Brazil can go back to its old ways of printing more money, lending even more and then inflating away its debt. It’s the perfect time to jump into the Brazilian banking sector. If this really is the early stage of a global recovery, the banks will benefit.

My favorite Brazilian bank is Itaú Unibanco (NYSE: ITUB), and that’s exactly what War Room members invested in using Long-Term Equity Anticipation Securities (LEAPS) options that don’t expire for a while.

Itaú is one of the biggest banks in Brazil and will benefit from any growth moving forward. It also has a management team experienced in dealing with corruption and inflation!

Action Plan: I can’t give you the exact trade, as that would be unfair to War Room members, but I do recommend that you take a position in Itaú if you think, as I do, that a global economic recovery is around the corner.

Better still, join me in The War Room today and get the exact details in real time!