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After a dismal 2021, the Brazilian stock market began this year as an early winner, with its performance trouncing most major indexes around the world. Brazil’s Ibovespa is anchored on commodity-producing companies, which have seen share value soar as prices go up. Elsewhere, higher liquidity and a cheap currency also fuel the current momentum.
However, increasingly unfavorable domestic and international scenarios leave experts thinking that the current optimism could have an expiration date.
Ibovespa ended January 7.33 percent up, its best monthly result since December 2020 and something of a surprise, considering the index ended 2021 with a…
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