The states started this election with accelerated investments, even with more restrained revenue growth. The combined investments of 26 states and the Federal District totaled R$4.24 billion in the first two months of the year, up 115% year over year. The data shows, according to experts in public accounts, that these expenditures by states are […]
The March inflation numbers, which came in well above consensus expectations, once again increased the market’s distrust that the Central Bank will be able to meet its goal of ending the cycle of interest rate hikes at the next Monetary Policy Committee (Copom) meeting in May. The skepticism of financial agents was reflected in the […]
After investors migrated en masse from riskier strategies to fixed income as interest rates rose, they may now feel they have left money on the table. Those who left the macro hedge funds, funds in which managers base their positions according to the several economic scenarios, will look in the rearview mirror and see average […]