Como o Gasto Público Pode Colocar Seus Investimentos em Risco

Free analysis with the Nord Wealth consulting team: nordlink.co/4wA6RmG The government reported a deficit of R$ 53 billion in May — and this number can directly impact your investments, especially in fixed income. In this video, Marília Fontes explains in simple terms what primary deficit and nominal deficit are, how Brazilian public debt has been growing, and why increased government spending can affect Treasury Direct bonds, pre-fixed bonds, IPCA+ bonds, Selic Treasury bonds, and even private credit. You will understand why fixed income is not entirely risk-free, how rising debt puts pressure on interest rates, what mark-to-market is, and why assets such as the dollar, international investments, and real assets can help protect your portfolio in scenarios of inflation and fiscal instability. If you want to understand how to better protect your investments and make safer decisions, access the link below and talk to the Nord Wealth team for a free portfolio analysis. 00:00 - R$ 53 billion deficit: why this changes your investments 00:27 - What is a primary deficit? 01:24 - Nominal deficit: when debt snowballs 02:29 - How a surplus helps control debt 03:27 - Is the problem in revenue or spending? 04:31 - Public debt at 81% of GDP 05:04 - Brazil vs. developed countries: why our debt is more expensive 06:13 - Brazil spends R$ 1 trillion on debt interest 07:27 - Nominal deficit at a record level 08:33 - How public debt affects fixed income 09:03 - Selic rate at a high level and the cost of financing Brazil 10:34 - High interest rates, companies under pressure and a stalled economy 11:27 - The risk for those who invest in Treasury Direct 12:03 - Treasury suspends NTN-B auction: what does this mean? 13:10 - Default or inflation: the risks on the radar 14:09 - Fixed-rate bonds, inflation and loss of real interest rates 15:04 - IPCA+ protects against inflation, but suffers from market valuation 16:17 - Does Treasury Selic also have risk? 17:18 - How to build a more protected portfolio 18:06 - Elections, fiscal adjustment and fiscal dominance 19:10 - Beware of private credit in low liquidity scenarios 19:42 - How to get help to adjust your portfolio 🎙 Nord Podcasts Spotify: https://nordlink.co/3GQ5KFa 📻 Nord Podcasts Deezer: https://nordlink.co/3uK1xAi 🎙 Nord Podcasts Apple: https://nordlink.co/3x2B67W 🐥 Twitter: https://nordlink.co/3oJhpiy 💻 Facebook:   / nordresearch   📸 Instagram:   / nordresearch   💎 LinkedIn:   / about   🔵 Telegram Nord: https://t.me/s/nordresearchoficial