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Local Optimism Drives Brazil Small Cap Rally, Colliding with Institutional Caution on High Rates
Brazilian investors are powering a small-cap stock rally on election-fueled optimism for lower interest rates, creating a divergence with foreign institutional caution over the sustained high Selic rate.
Brazilian investors are powering a small-cap stock rally on election-fueled optimism for lower interest rates, creating a divergence with foreign institutional caution over the sustained high Selic rate.
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