Despite economic growth, Brazil's stock market faces challenges, influenced by high debt and a weakening currency.

Brazil's economy is growing at 3% annually, but its stock market is struggling, with the Ibovespa down over 3% in 2024. President Lula has increased welfare spending without major fiscal issues, but high debt and a weakening currency have caused market concerns. Analysts predict the interest rate will rise to 12.25% by December 2025 due to public spending and economic growth. Recently, Brazil's stock market saw an upturn due to Petrobras's dividend announcement.

November 25, 2024
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