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By Vandré Kramer
High rates of interest. Tighter credit score, with corporations like Americanas in disaster and elevated defaults. Government noise, pressuring inflation expectations and rates of interest. End of post-Covid financial momentum.
The mixture of those elements contributes to an more and more evident slowdown in financial exercise. One of the alerts was the 0.2% shrinkage of GDP within the fourth quarter.
The image, nonetheless, isn’t homogeneous.
The countryside’s expectations are favorable, given the situation of a brilliant crop of grain. In companies, the expansion price remains to be sturdy, however the tempo of enlargement has been shedding energy.
In commerce . . .
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