Hey guys, could you tell me a video or tutorial on how to trade futures here at Binance? I'm still confused about how to do it and transfer the assets to the correct location...
Where are the guys from Xibata, who said that the American Dollar would cost 4 reais and that the Ibovespa would reach 200 thousand points even with this disgusting president called Lula?
Yes, I invest with that in mind. I'm dollarizing everything I can, that's the way to make some minimally decent profit in this shitty country. APR is really good, in dollars.
“The dollar will go to R$4 or less, the stock market will rise to 200,000 points and interest rates will fall to 8.5% if Lula does this”: CEO of AZ Quest explains what could make Brazil ‘unrecognizable’
CEO of one of the largest independent asset managers in Brazil, Walter Maciel, from AZ Quest, does not consider himself pessimistic. During an event held by Mirae Asset on Wednesday (4), the executive stated that Brazil has everything it needs to be unrecognizable in five years.
But first, it needs to overcome a challenge. “Lula found a country that has only one problem: fiscal. But it is a serious problem. And what the government has managed to do since then is an absolute disaster,” he said.
Maciel says that the market expected that, in his third term at the Planalto Palace, Lula would move more to the center, but the measures adopted since taking office have not confirmed this expectation.
Among the main villains, the CEO of AZ Quest — which has over R$35 billion under management — mentions the adjustment of the minimum wage above inflation and the indexation of social security and a series of benefits to it, in addition to the announcement of the exemption from Income Tax for those who earn up to R$5,000.
“Lula believes that the fiscal system does not solve anything and that spending is life. But if he delivers an adjustment of 1.5% of the GDP today, which is not difficult to do, I bet with you that the dollar will go to R$4 or less, the stock market will rise to 200,000 points and interest rates will fall to 8.5%”, he stated.
However, in his reading, nothing should change between now and 2026 and we should continue in a scenario in which the government only reacts when the situation worsens. From then on, he is betting on an alternation of power that should increase the chances of a solution to the fiscal problem.