São Paulo Stock Exchange (B3) Outlook: Ibovespa Near 158,000 After Brazil’s 2026 Budget Approval as Selic Rate-Cut Bets and Election Politics Drive 2026 Forecasts
São Paulo — December 20, 2025. Brazil’s stock market is heading into the year-end slowdown with a familiar mix of ingredients: a powerful 2025 rally still visible in the rear-view mirror, a short-term volatility hangover from politics, and a 2026