Investors have high hopes for Brazil

Brazil's Ibovespa index was one of the world’s top-performing stockmarkets at the start of the year, while the Brazilian currency, the real, has climbed against the US dollar. So what’s got the bulls so excited?

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Can Bolsonaro forge a consensus?

Many emerging markets had a dismal 2018. But Brazil, Latin America's biggest economy, was a rare exception. The benchmark Ibovespa index gained more than 15%; it has also jumped by almost 8% since Christmas, making it one of the world's top-performing stockmarkets at the start of the year. The Brazilian currency, the real, has climbed against the US dollar. So what's got the bulls so excited?

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Marina Gerner is an award-winning journalist and columnist who has written for the Financial Times, the Times Literary Supplement, the Economist, The Guardian and Standpoint magazine in the UK; the New York Observer in the US; and die Bild and Frankfurter Rundschau in Germany.

Marina is also an adjunct professor at the NYU Stern School of Business at their London campus, and has a PhD from the London School of Economics.

Her first book, The Vagina Business, deals with the potential of “femtech” to transform women’s lives, and will be published by Icon Books in September 2024.

Marina is trilingual and lives in London.