RIO DE JANEIRO, BRAZIL - Never has so much been said about the Stock Exchange in Brazil. With real interest rates (which discount inflation) close to zero, investing in stocks has become the talk at the bar.
It may seem that this has always been the case, but the truth is that the trend is quite recent. It was only 4 years ago that B3 was created - the result of a merger between the former BM&F Bovespa and Cetip.
Since then, the business' market value has more than doubled, from R$40 (US$7.7) billion to R$100 . . .