2Mês·

$NU (-0,18%) / $MELI (-0,33%) - YTD Performance vs Brazilian Real/US Dollar

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The Brazilian real is at a historic low against the USD. This is because the central bank is raising interest rates and the government is cutting spending by 12 billion dollars by 2026 to combat inflation.

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The macroeconomic situation of high inflation has been a problem since Covid and even before. However, the entire region is growing at high rates. If you can keep inflation under control, things can look really good macroeconomically.

$NU (-0,18%) and $MELI (-0,33%) have done well so far anyway .

The 🇧🇷 central bank announces a cash auction of up to 3 billion US dollars on December 26

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2Mês·

$NU (-0,18%) - is trading at 18 times expected earnings, the lowest P/E ratio to date

Also sitting at support level with oversold RSI of 24.72 (as of 21.12.)

Believe we will soon see a recovery or at least a bounce, provided there is no negative news.

An appreciation of the Brazilian real or suitable measures to this end would be desirable:

Brazilian Real/USD vs Stock:

Stock vs EPS:

Brazil's central bank raises interest rates to support the currency. Inflation has risen slightly. Could raise concerns about pressure on consumers.

However $NU (-0,18%) performed well in the past despite this environment, surprising and recording strong customer growth.

💪🚀

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4 Comentários

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2Mês

Here you can invest in an ETF:
$IBZL MSCI Brazil

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BamBamInvest@BamBamInvest

2Mês

@Smudeo certainly not a bad investment if you believe in the economy ✌️

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Patrick Schäfer@Hotte1909

2Mês

Simply because it's you

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BamBamInvest@BamBamInvest

2Mês

@Hotte1909 🙏How sweet of you 🎅☺️

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