Brazil is now much less expensive (even cheap in some cases) than back in 2014 and 2013 in US$ terms (Euros as well). Anyone who invested back in 2011 thru 2014, has seen the value of their invest fall in Dollar terms.
Now, or over the next few months, you can be reasonably assured of getting a “good deal” on any asset investment (house, land, working business or franchise; however, the economy is still trending downward, which only adds to the already risky business enviornment in Brazil.
The chart below shows the Brazilian stock market (IBOVESPA) from 2006 to Jan 2016. We are right back were we started.