Marcelo Porto
Marcelo Porto
badly companies good outside reporting suffering volatility
Companies may be reporting good results, and in macroeconomic terms, we are not badly off. But we are suffering from volatility outside (Brazil).
animated budget good level minimum victory vote wage
The minimum wage vote was an important victory for the government, which animated the market. The wage level rose, which is good for Brazil, but budget will not suffer.
boost federal good market positive received reserve rising steadily
The market has been rising steadily all day, but it received a good last-minute boost from the Federal reserve decision, which is very positive for Brazil.
week
This is more to do with profit-taking at the end of a week of extraordinary gains.
explains houses looking rise small
Some houses are looking for a small cut, which explains the rise we're seeing.
argentina attention complexity problems returned
The attention has returned to the complexity of the problems Argentina faces.
positive since time
It's been a long time since we've had such a positive macroeconomic outlook.
influenced movement rise
The movement was influenced by the rise of the dollar.
recently stocks
Stocks that were most favored recently are being penalized now.
expect
I think we exaggerated the euphoria. The least we could expect was some profit-taking.
bet bit funds market opportunity sell taking
The market has been a bit bearish. My bet is some funds are taking the opportunity to sell some stocks.
linked saying stay
Many are saying that it is the end of their liquidity. But I think they will stay for a while, because there are too many derivatives linked to the receipts.
market measures moment reduction results shows
The moment that the market shows that the measures are having results we could see a reduction in rates.
market
It's a very important day. The market retook the rally.