URÂNIO, ORMUZ E PETRÓLEO EM CRISE | O IRÃ VAI SE TORNAR UMA POTÊNCIA NUCLEAR? | Os Economistas 220

IN-PERSON EVENT: THE ACTION PLAN FOR YOU TO ENTER THE FINANCIAL MARKET, WIN YOUR FIRST CLIENTS AND REACH R$ 18,000 OR MORE PER MONTH! Secure your discounted ticket: https://finc.ly/0b48efd484 Brazil emerged from the conflict in the Middle East with its coffers full. While the world watched in panic as the war in Iran escalated, oil soared to US$150, and the Strait of Hormuz was at the center of the debate, Brazil did something no one expected: the real appreciated, the dollar fell to R$4.92, and more than R$63 billion in foreign capital entered the stock market by April alone. More than double the amount for the entire previous year. Coincidence? Far from it. In this episode 220 of "The Economists," we welcome Ruy Alves from Kinea Investimentos to break down why Brazil has become the major geopolitical beneficiary of the oil shock, what changes in your portfolio from now on, and which sectors should capture the largest share of this flow in the coming months. We discuss: Why Brazil is the emerging market that benefits most from the terms of trade shock Where oil should stabilize in the medium term (and the US$70 structural thesis) The second-order effect in aluminum, fertilizers, and agricultural supply chains The world's new scarcity: computing capacity, energy, and data centers Why tokens are the new digital oil What the Selic rate cut cycle opens up for utilities, fuel distribution, and small caps The risk of Brent exceeding US$150 and what that would do to the BRL How the IPCA of 4.56% could surprise on the downside if the real remains strong The Fed scenario with Kevin Warsh and Powell's succession Where are the best opportunities in global interest rates (Sweden, New Zealand, yuan) FOLLOW THE TEAM: Ricardo Figueiredo: @ricardo.fiis Evandro Medeiros: @oevandromedeiros Otávio Magalhães / Guepardo: @guepardoinvestimentos