Brazil has recently faced several economic challenges, including fiscal deficits, rising inflation and high interest rates. In addition, the Brazilian real has fallen to a historic low, trading below R$6 per dollar, reflecting market concerns about the country’s fiscal discipline. These factors indicate that the Brazilian economy is not in a prosperous phase.

A review of the annual performance of the main Brazilian indices shows that the market has reached a peak and is beginning to show signs of decline. In an unfavorable global scenario, marked by economic slowdown, trade conflicts and geopolitical crises, the Brazilian economy is struggling to survive.