Marcos Basaglia Quotes (12 Quotes)

Uncertainty over Congress alliances is affecting the market. If it is not resolved -- if the president stays without allies there -- the market reaction may be quite strong.

The rates prospects are giving courage to people. They want to buy one day before the market rises and many are betting that it will rise more tomorrow.

It's all falling apart today. Everything started with the Nasdaq, and then one thing pushed down another.

If the government does not have a majority (in Congress), getting its tax objectives and other measures approved would not be so easy.

No one really expected a lower rate. It's just that, in the absence of good news, a flat rate added to the profit taking.

People are still worrying over the Argentina situation.

The telephone stocks had a good run at the start of the week, so investors are taking their profits.

This is a technical adjustment it's too soon to talk of optimism. Some stocks showed healthy gains but they were the ones that lost out most.

The problem is that all those shares had already risen enough. People who bought them now keep asking 'Why our stocks are not growing' - and they are not rising exactly because those people already bought them. The price is high.

The market is scared with the embezzlement scandal. Volume was ridiculously small. If it continues like that tomorrow, the market may tumble.

When the market is low such news (rate cut) push up the stocks a great deal. But now, when the bourse is scraping its highs, it is hard to spark up more than a short-term trend.

There is a lack of volume, a lack of interest, a lack of liquidity at this level. The market is well apathetic.