Lightning and thunderstorm forecast
What can the markets see after the changes in Petrobras’ policy? And what about the attempts to change what was approved with the privatization of Eletrobras? Or the changes they are making to laws that should be disapproved by the STF and are not being made? Or promoting decrees against the already approved new sanitation framework? So it is…
It could be in the short term, but it could also be over time. And it’s no use swimming against the tide, the broth is eminent.
So it is with the financial market that, when seeing that they have been deceived or that the rules are changing within the game, investors and businessmen, take their resources and leave for another place. Simple…
With this way of governing that we are having, with confrontations from the agro to the BC, against the policies and privatizations that were made in the past government or in wanting to undo everything that was done, everything with an obsession to fulfill private and populist desires, nothing goes forward.
Then we will see CPMIs scattered with the purpose of resolving perrengues and increasing the speech of “us against them”, praising politicians returning to the platform. Meanwhile, economically, the country is in second option.
While our domestic economy remains without a defined direction, the eyes of investors are looking more abroad, which are coming out as the solution with the US debt ceiling and confidence that there will be no default, with the ECB’s concern with the prices of services with challenges to slow core inflation, and a likely slowdown in the Chinese economy causing declines in oil and iron ore.
By Brasil 61