Selic, Bolsa brasileira e realocação de portfólios | Radar do Investidor

With the turn of the semester, investors are evaluating the next steps for fixed income, exchange rates, and equities in a scenario still marked by high interest rates and greater selectivity in the Brazilian stock market. In this episode of Investor Radar, Álvaro Frasson, macro strategist at BTG Pactual, and Marcel Zambello, equity analyst at BTG Pactual, discuss the monetary policy scenario in Brazil, the worsening of the stock market in the second quarter of 2026, and the outlook for the exchange rate. Topics covered: 00:00 Introduction 00:41 Monetary policy scenario in Brazil 05:01 The worsening of the stock market in the second quarter of 2026 08:29 Analysis of IPCA+ Treasury Bonds 12:24 Expectations for the second semester in equities 14:52 Could the Selic rate fall? 18:41 Opportunities in Variable Income 22:20 Exchange Rate Outlook 25:05 Points of Attention in Variable Income 27:55 Points of Attention in Fixed Income 29:17 Closing Remarks Open your account in minutes: https://l.btgpactual.com/abre_conta_y... _________________________________ Subscribe 👉 to the channel and activate the 🔔 notification bell so you don't miss any news. The better the information, the clearer your investments will be. FOLLOW US ON SOCIAL MEDIA: Telegram: https://bit.ly/TelegramBTGPactual WhatsApp: https://whatsapp.com/channel/0029VaFo... Podcast: https://spoti.fi/3NhiPM7 Instagram: https://bit.ly/InstagramBTGPactual TikTok: https://bit.ly/TikTokBTGPactual LinkedIn: https://bit.ly/LinkedInBTGPactual Twitter: https://bit.ly/TwitterBTGPactual #BTGPactual #FinancialEducation