“It is too early to understand what is happening, both in the US and the world. There are movements of tectonic plates,” said André Lion, Ibiuna Investimentos action manager
The reaction of global markets to the so-called “tariff” imposed by the government of Donald Trump in the United States became a discussion agenda between managers on Tuesday morning (8). In an investment forum made by Bradesco BBI, the professionals talked about the possibility of a global recession and what would be the reaction of the Brazilian scholarship.
“It’s too early to understand what’s going on, both in the US and the world. You have tectonic plates movements,” said André Lion, Ibiuna Investimentos’s action manager.
“For now, Brazil is relatively better positioned. We are a more closed economy, globally, we fall into the lowest ‘bricket’, so relatively, we are better,” he added.
The manager pointed out that the country’s economic activity is heated, even with the high interest rates of the economy.
“What we have to be careful is that if there is really a great impact on American activity, beating global activity, we will be dragged together.”
Leonardo Linhares, SPX variable income strategist, ‘kicks’ that the chances of a recession in the United States is less than 50%.
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“The channel that worries me most is China. Even if there are internal measures, it has a channel here important, either for the price of commodities, or by the way we are structured,” he explained.
“38% of Ibovespa are companies with which the main variable is either a commodity or is the dollar,” he recalled. “We won’t be an island.”