Expectations of Financial Market Players
Next week, BACEN is expected to lower interest rates due to the idleness of the industry. It seems that the level of 7% will be what will remain, according to the expectations of the agents of the financial market.
There is already a consistent consensus that in 2018, Brazil’s economy began to enter a new rhythm of growth. In fact, this situation is fascinating, because despite the political instability, economic agents believe in economic recovery and we should end the year 2018 with GDP of 2.58%.
This environment will have more significant external investment, probably in the participation of state privatization and infrastructure works as is the will of the government.
I believe that despite a critical election year, the Brazilian economy is taking off from these political facts that caused an intense economic recession in the country. Therefore, I think it is a year of investment opportunities where there are many assets with the current price depreciated.