Joseph Stiglitz criticizes proposals for fiscal austerity and privatisation, foresees losses for workers and claims that financial market enthusiasm ignores long-term risks
In addition to oil, the electoral trade continues to move the Ibovespa on Tuesday (20). One of the great factors that dominates the expectations of the market for the elections of 2026 is the fiscal adjustment. Although neither of the two candidates in fact have submitted proposals, the market understands that the possible election of Flávio Bolsonaro would favor [...]