Morgan Stanley Downgrades Brazil: Ibovespa Forecast at 146,000 for 2025

The financial landscape of Brazil is facing scrutiny as Morgan Stanley adjusts its exposure to the country’s market. The bank has reduced its position in Brazil to underweight, citing political risks and fiscal concerns. This move reflects a broader reassessment of Latin American markets for 2025. Morgan Stanley’s baseline scenario projects the Ibovespa index to […]