Political polarization worries executives, news of the week quiz and what matters in the market

by

ANDsta is the edition of newsletterr FolhaMercado this Friday (30). want to receive it from monday to Friday at 7 am In your email? Sign up below:



Political polarization is what most worries executives

Among the concerns of executives of Brazilian companies for the coming year, political polarization is at the top of the list.

This is the result of a survey carried out by the consultancy BTA Associados with 203 high-ranking members of medium and large companies.

In numbers: after political polarization (62%), the tax burden (47%) and governance (37%) are the issues executives are most pessimistic about for 2023.

  • At the other end, controlling the pandemic is the best thing next year has in store for 83% of those who responded.
  • In the opinion of the interviewees, the main characteristic that the next president of the country should have is governability (71%), followed by management with ethics and transparency (36%).

Still on the political scene, 62% of them were pessimistic or very pessimistic with the eventual victory of former president Luiz Inácio Lula da Silva (PT).

  • Others 46% would feel that way if the winner is President Jair Bolsonaro (PL). The least pessimistic scenario is the one that traces the victory of senator Simone Tebet (MDB): only 24% of pessimists, compared to 43% of optimists.

More on electoral climate in companies and in the market

While Moody’s agency sees the risk of political impasse in Brazil playing against the reforms in the coming years, banker André Esteves, from BTG, says that their continuity must be pursued by the next government.

In the recently privatized Eletrobras, president Wilson Ferreira Junior says he does not believe that the company will be renationalized in an eventual Lula government. At state-owned Petrobras, president Caio Paes de Andrade defends the government’s achievements and says that the company “does not want a setback.”


Extinct passwords

Passwords are dying. The world’s largest technology companies work together to eliminate this security device that has become obsolete with the advancement of technology and also with the sophistication of scams.

Understand: the idea is to create a single verification standard, in the opposite way to the current one, which adds, in addition to passwords, multifactor authentication (codes via SMS, WhatsApp, email).

  • Giants such as Apple, Google, Samsung, Intel, Lenovo and Microsoft are involved in the project.
  • The goal is to increase device security by connecting this unique verification pattern to something criminals have a hard time accessing, such as facial or biometric recognition.
  • Another factor considered is simplicity, to escape the current memorizing of different passwords.

In Brazilthere are startups that develop products and services on the way to annihilate with passwords.

  • Created in Pernambuco and based in Palo Alto, Silicon Valley (USA), it uses artificial intelligence (such as behavior patterns) and geolocation to certify that access or payment in an app is being made by the user and not by fraudsters .

take a break

  • To watch: “GameStop Versus Wall Street” – on Netflix

Do you remember the meme actions? It is those papers, whose biggest representative was the video game retailer GameStop, that shook the structures of the financial market at the beginning of 2021.

  • The tsunami that took the stock market order for a few weeks became a Netflix documentary released this week with three episodes of 40 minutes each.

Remember: organized on a Reddit forum, amateur investors — including those who had never bought a stock in their lives — organized to drive GameStop’s shares up by force (by issuing buy orders).

  • Darling of users, the company was considered bankrupt by the big investors in the market, who continued to bet on the fall of their shares.
  • The wave of buying by the “small fish” was so massive that it made the retailer’s shares appreciate up to 2400% and its market value soared almost US$ 20 billion.
  • The rise forced the big “sharks” of the market to deposit billions of dollars to support their “short” positions – when they bet on the fall of stocks.

When the euphoria passedLess than a month later, the shares of GameStop and other companies that were the target of the same frenzy plummeted, in a return to the reality of companies with the accounts in the red.

In addition to the economy:

  • Illustrated Express: Understand on the podcast how the elections ended up on the stages of music festivals.

You May Also Like

Recommended for you