Brazilian credit Loading... : Investor Sentiment and Bull/Bear Views

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23:00
Jan 19
Bruno Cordeiro Portfolio Manager, Kapitalo Market Makers
Brazilian asset premiums too low for risk.
Bruno says the market is complacent about Lula continuity and that Brazilian asset prices do not reflect the risk of a Lula reelection. Equity and debt risk premiums are very low, NTN-B implied inflation is low, and credit investors lack sufficient premium for the macro adjustment that would likely be forced. If Lula is reelected, Brazilian assets would reprice sharply lower.
HIGH

About Brazilian credit Investor Commentary

Across the available history and selected sources, Buzzberg tracks Brazilian credit across 1 sources: 0 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 0% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Latest voices: Bruno Cordeiro.