Episode 171 of Market Makers features an unmissable conversation with Luis Stuhlberger (founding partner and CEO of Verde Asset Management) and Luiz Parreiras (manager of Verde Asset Management), about the main economic challenges facing Brazil and the world in 2025. With fiscal populism taking over government decisions and investor confidence shaken, how can the country emerge from this crisis? We discuss how uncontrolled inflation, high interest rates, and the soaring dollar are affecting the current scenario and what the outlook is for the near future. In addition, we explore the Verde fund's strategic positions, including bets on the dollar, inflation, and global stock markets. The conversation also addresses the impact of Donald Trump's victory on global markets, economic tensions with China, and the risks that these factors pose to Brazil. Will the government be able to reverse the current trajectory? Or is the country doomed to repeat the mistakes of the past? Find out what two of Brazil's most respected managers are thinking and how they are positioned to face the challenges. Leave your like, subscribe to the channel and share your opinions in the comments! 00:00:00 - Opening 00:02:14 - Introduction 00:03:55 - Introduction to guests 00:04:42 - Major topics of discussion 00:06:37 - Global debt 00:08:33 - Vision of Brazil 00:09:44 - Destruction of the spending cap 00:15:32 - Real interest rate and fiscal adjustment 00:19:50 - Discussion of Brazil's future 00:24:49 - Discussion of inflation 00:26:21 - Deterioration of credit spreads 00:31:04 - Economic slowdown and high interest rates 00:39:56 - Expectations and analysis of the political scenario 00:43:09 - Analysis of the fiscal problem and government actions 00:46:14 - Assessment of the government's credibility 00:49:12 - Discussion on taxation and fiscal impact 00:52:21 - Analysis of the Brazil-United States relationship 00:53:00 - Discussion on Goal and possible conflicts 00:54:11 - Analysis of the government-congress relationship 00:58:59 - Portfolio protection strategies 01:05:58 - Discussion on Brazil's economic policy 01:07:48 - Analysis of China's economy 01:17:00 - Positioning in cryptocurrencies 01:27:14 - Analysis of the impact of an institutional crisis 01:28:04 - Discussion on American monetary policy 01:28:23 - Expectations for the impact of Trump's policies 01:38:17 - Analysis of the situation in Argentina 01:47:13 - Ping Pong 02:03:14 - Closing - - - - - - - - STUHLBERGER AND PARREIRAS: FUTURE OF MARKETS IN BRAZIL AND IN THE WORLD Market Makers #171 Presenter: Thiago Salomão (@_salomoney) Guest: Luis Stuhlberger (founding partner and CEO of Verde Asset Management) and Luiz Parreiras (manager of Verde Asset Management) #FINANCIALMARKET #MARKETS #INVESTMENTS #LUISSTUHLBERGER #LUIZPARREIRAS #GREEN #INVESTMENTS #BRAZIL #THIAGOSALOMAO #MARKETMAKERS