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AMBIPAR: THE LEADER IN ENVIRONMENTAL MANAGEMENT: https://ambipar.com Is Brazil on the brink of an economic collapse or is there still time to avoid the worst? In episode 165 of Market Makers, we welcome Matheus Spiess and Raymundo Faria Junior to discuss the current state of the Brazilian economy. We address the increase in distrust in the government, the fiscal crisis, the impact of the change in leadership at the Central Bank, and what to expect from inflation, the Selic rate and the dollar until the next election in 2026. In addition, we analyze how the government's economic policy can influence the stock markets, fixed income and opportunities for investors in 2025. Do you believe that Brazil can avoid an economic disaster or are we heading towards an inevitable scenario? Like, subscribe to the channel and share this episode with someone who needs to understand what is happening in the Brazilian economy! 00:00:00 - Opening 00:01:46 - Introduction 00:04:05 - Presentation of Guests 00:06:07 - Discussion on the Brazilian Economy 00:15:13 - Future Perspectives 00:20:18 - Government Financing and Interest Rates 00:30:35 - Inflation Perception and Projections 00:35:35 - Analysis of the Central Bank Situation and Inflation 00:45:44 - Discussion on Budget Management 00:49:56 - Future Perspectives for the Brazilian Economy 00:59:24 - Possible Scenarios for Brazilian Policy 01:06:43 - Expectations for the Central Bank in 2025 01:12:42 - Analysis of Debt Dynamics and Perspectives 01:18:20 - Monetary Policy Outlook 01:26:26 - Expectations for Ministerial Reform 01:32:13 - Outlook for the Brazilian Economy in 2025 01:43:03 - Discussion on Income Tax Reform 01:44:18 - Investment Outlook and Portfolio Allocation in 2025 02:06:17 - Conclusion 02:10:25 - Closing - - - - - - - - BRAZIL ON MAXIMUM ALERT: WILL 2025 BE THE WORST YEAR EVER? Market Makers #165 Host: Josué Guedes (@josueguedes__) and Matheus Soares (@maatssoares) Guest: Matheus Spiess (analyst at Empiricus Research) and Raymundo Faria Junior (Partner and analyst at Wagner Investimentos) #ECONOMY #BRAZIL #STOCKMARKET #FISCALCRISIS#INVESTMENTS #THIAGOSALOMAO #MARKETMAKERS