The market is showing a good improvement. Some points of concern, including in the political sphere, have been left behind and now such things as a strong currency and falling interest rates start mattering again.
More Quotes from Marcelo Porto:
The market is still very strong. Trade started with some profit-taking and further losses due to negative foreign (market) influence but the selling never gathered steam.Marcelo Porto
It's been a long time since we've had such a positive macroeconomic outlook.
Marcelo Porto
The minimum wage vote was an important victory for the government, which animated the market. The wage level rose, which is good for Brazil, but budget will not suffer.
Marcelo Porto
The attention has returned to the complexity of the problems Argentina faces.
Marcelo Porto
This is more to do with profit-taking at the end of a week of extraordinary gains.
Marcelo Porto
Today our market walked most of the time on its own feet, with little foreign influence. The rise ended when the inflation index came out.
Marcelo Porto
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