???? IBOVESPA melting and DOLLAR back to R$6: is there still hope for Brazil?

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Money Times

Published on Streamed live on Dec 13, 2024
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???? Everything you need to know about the market in one place. Be part of our community of investors and receive all the information and analysis about what impacts your pocket: https://encurtador.com.br/swRwb Pessimism is the word of the game after the Monetary Policy Committee (Copom) decided to raise the basic interest rate by 1 percentage point and also signal two other similar adjustments in the Selic. In other words, we are talking about 3 pp by March of next year. It was barely enough to celebrate the brief recovery of the Ibovespa after the damage done by the insufficient spending package. On Thursday (12), the main stock exchange index had its worst day in almost two years, with a drop of 2.74%, to 126,042.21 points. The dollar, on the other hand, returned to R$6 at the close. Given this devastating scenario, the only question left for investors is: is there still hope for the Brazilian economy? This is what Empiricus Research analyst Matheus Spiess answers on today's Giro do Mercado program. ???? Subscribe to the channel to follow Giro do Mercado from Monday to Friday, always at noon, and stay on top of what can impact your pocket: / @moneytimesbr #dollar #ibovespa #economy #lula #haddad #investments #selic #fixedincome

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