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if Lula wins, the agricultural tax will be reviewed, the stock market will rise – Market – Estadão E-Investidor – The main financial market news

  • “Don’t manipulate the sacred cows: the free zone of Manaus and agriculture,” he stated.
  • For Stuhlberger, Lula’s drawback is to concentrate on the enhance in spending with out taking away the credibility of the finances.
  • The supervisor additionally believes that stock costs and inflation will react to Lula’s victory

The director and accomplice of Verde Asset, Luis Stuhlberger, stated he believed “it will be a faith” if the PT candidate for the President of the Republic, Luiz Inácio Lula da Silva, received the October election, and assessment taxes in agriculture. “Do not manipulate the sacred cows: the free zone of Manaus and agriculture”, stated the director. He added that he believed the stock market ought to concentrate on the rise and victory for Lula. “The motive is that it took a very long time,” he stated.

It will not be a simple process, he stated of the adjustments, including {that a} authorities with the most energy in the nation will take its first yr, “and even if it’s tough”. Regarding the agricultural enterprise, “I actually consider that it will be executed if former President Lula wins the election”.

Stuhlberger additionally stated that the subsequent authorities ought to be capable of restore the minimal wage and pay for public staff, particularly since buying energy has decreased. In 2016, the lowest value bought 1.6 fundamental meals packages, this share is now 1.10.

“I can not clarify how the value of the fundamental meals package deal will enhance a lot, it will be a giant drawback for Lula if he wins the election,” he stated. Lula’s drawback was to concentrate on growing spending with out lowering fiscal integrity, and he mounted it. “What does he need in life? Is he an aggressive particular person? He needs to go down in historical past as a authorities. We will know, if he wins the election, in in 40 days”, he stated.

For considered one of the nation’s most outstanding fund managers, the drawback with the left is the perception that the Government is the driver of development. “This is the actual drawback for the administration, as a result of the Congress has gained energy that its management has not but had, it doesn’t wish to lose energy,” he stated.

In a normal dialogue of the challenges of the world, Stuhlberger stated that the world has lived by way of three Black Swans at the similar time, referring to Covid-19, the War in Ukraine and inflation of pay in the Northern Hemisphere.

The director added that, though the market says that the stability of curiosity is between 2% and three%, he thinks it’s nearer to 4%, as defined on this report.

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