The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Head of Equity Strategy
Summary: Investor optimism is high in the wake of right-wing politician Jair Bolsonaro's Brazilian election win, but Brazilian shares are not exactly cheap, and the country still faces severe structural issues.