Brazil’s Bull Market Signal: When Bad Headlines Stop Moving Prices

Key Points Santander says Brazil’s market is behaving like a bull market, with dips bought quickly. After a December 5 political jolt, the Ibovespa fell 4.31% to 157,369 from an intraday record above 165,000, then recovered about half the loss. A pullback in U.S. AI enthusiasm and a more supportive Fed liquidity backdrop are steering […]