-We started another quarter and apparently it won't be much different from the first. In the first quarter of 2023 we had emotions from start to finish.
-Right at the beginning of the year, here in Brazil, the company AMER3 came with everything, giving Brazilian banks the biggest job with the possibility of billionaire defaults. All the big banks, without exception, had to provision their balance sheets for possible losses.
-To complete this one-note samba, we had the bankruptcy of two “important” American banks. We cannot forget that one of the biggest European banks, Credit Suisse, was bought by its biggest rival, UBS, in a “MEGA SUSPECT” transaction. This purchase, as reported by the Swiss central bank, was made to avoid the global banking meltdown, and cost around US$54 billion in credits/loans.
-Was it, or was it not, a quarter of emotions? But what now, how will it be?
-I believe that the thesis of “sustaining the broken banks” will generate a lot of turmoil throughout 2023, after all, the holders of the money printers are the main causes and, at the same time, the saviors of this possible “MEGA GLOBAL COLLAPSE”. That sounds a bit weird to me.
-With all this turmoil at the beginning of the year, we had the psychology of our IBOV index being tested (100K). To smooth things over for Brazil, we can observe that the dollar has been weak, even with the doses of interest injected by the FED at each new meeting, therefore, I observe that the North American currency has not shown all its courage before the Brazilian paper. Then I ask: Dollar, where is your strength?
-Now I ask again and in a more “leftist” tone (lol): “Has the world come to its senses?” Did the world discover that the “first world” never saved anyone, that the first world only bury the emerging ones? And which of the emerging ones can take the scene in the coming years?
-With the fight between the two protagonist countries of the global scenario, where, on the one hand, we have a first world country (USA) and, on the other, a country that has just left the emergency (CHINA), believe me (in my humble opinion) that the winner is INDIA.
-INDIA is a country that has been modernizing over the last decade, has made great advances, both in legal matters and in “civil rights” (we can compare it to Brazil in the past, from this analysis), as these advances, the Asian country put in the path of foreign investors, and the fight between the two giants will mean that many companies that are part of the supply chain and that are installed in Chinese domains, can go to the country in search of more security, and a business environment less inhospitable.
-So, it's only fair that BRAZIL starts to move and see the Asian country with different eyes, starting to make bilateral partnerships, both in the commercial fields (mainly agribusiness), and in the technological field, see the fight of CHIP's and semiconductors held back by the two greatest powers of today.
-Do we have any similarity between the two SPX's indices?
-Do your analysis and good business.
-Be Aware, If You Buy, Use Stop!
-See below for other graphic reviews!
-Right at the beginning of the year, here in Brazil, the company AMER3 came with everything, giving Brazilian banks the biggest job with the possibility of billionaire defaults. All the big banks, without exception, had to provision their balance sheets for possible losses.
-To complete this one-note samba, we had the bankruptcy of two “important” American banks. We cannot forget that one of the biggest European banks, Credit Suisse, was bought by its biggest rival, UBS, in a “MEGA SUSPECT” transaction. This purchase, as reported by the Swiss central bank, was made to avoid the global banking meltdown, and cost around US$54 billion in credits/loans.
-Was it, or was it not, a quarter of emotions? But what now, how will it be?
-I believe that the thesis of “sustaining the broken banks” will generate a lot of turmoil throughout 2023, after all, the holders of the money printers are the main causes and, at the same time, the saviors of this possible “MEGA GLOBAL COLLAPSE”. That sounds a bit weird to me.
-With all this turmoil at the beginning of the year, we had the psychology of our IBOV index being tested (100K). To smooth things over for Brazil, we can observe that the dollar has been weak, even with the doses of interest injected by the FED at each new meeting, therefore, I observe that the North American currency has not shown all its courage before the Brazilian paper. Then I ask: Dollar, where is your strength?
-Now I ask again and in a more “leftist” tone (lol): “Has the world come to its senses?” Did the world discover that the “first world” never saved anyone, that the first world only bury the emerging ones? And which of the emerging ones can take the scene in the coming years?
-With the fight between the two protagonist countries of the global scenario, where, on the one hand, we have a first world country (USA) and, on the other, a country that has just left the emergency (CHINA), believe me (in my humble opinion) that the winner is INDIA.
-INDIA is a country that has been modernizing over the last decade, has made great advances, both in legal matters and in “civil rights” (we can compare it to Brazil in the past, from this analysis), as these advances, the Asian country put in the path of foreign investors, and the fight between the two giants will mean that many companies that are part of the supply chain and that are installed in Chinese domains, can go to the country in search of more security, and a business environment less inhospitable.
-So, it's only fair that BRAZIL starts to move and see the Asian country with different eyes, starting to make bilateral partnerships, both in the commercial fields (mainly agribusiness), and in the technological field, see the fight of CHIP's and semiconductors held back by the two greatest powers of today.
-Do we have any similarity between the two SPX's indices?
-Do your analysis and good business.
-Be Aware, If You Buy, Use Stop!
-See below for other graphic reviews!
