Expectation Highers Third Quarter Operating Results Year-to-Date

On the other hand, the Ifix - index for the Real Estate Investment Funds - posted an increase of + 0.09% on Thursday, with a positive variation of + 1.07% in the week. In 2018, however, the index fell by -2.26%. Regarding the events of the week, one of great relevance was through the information that the analysts of the financial institutions raised the estimate of inflation for this year and also started to forecast a smaller growth of the Gross Domestic Product (GDP). Expectations are contained in the market bulletin, also known as the "Focus" report, released on Monday (8) by the Central Bank. The report is the result of a survey done the previous week with more than 100 financial institutions. For the National Extended Consumer Price Index (IPCA), the official inflation of the country, the financial market raised the estimate from 4.30% to 4.40% for this year. It was the fourth high followed by the indicator. The increase came after the September IPCA, which added 0.48% and was the highest for that month since 2015. The rise in inflation last month was driven by transport and fuel prices. For this year's GDP growth, the financial market forecast fell from 1.35% to 1.34% last week. The Gross Domestic Product is the sum of all the goods and services produced in the country and serves to measure the evolution of the economy. For the coming year, the market expectation for expansion of the economy continued at 2.50%. Bank economists also did not change the economy's forecast of expansion by 2020 and by 2021 - which continued at 2.5 percent for those years. At the end of last month, the Brazilian Institute of Geography and Statistics (IBGE) reported that Brazilian GDP grew 0.2% in the second quarter of 2018, compared to the previous three months. The result was sustained by the services sector and pressured by a sharp drop in industry and investment, reinforcing the slower reading and even slower recovery of the Brazilian economy. Another news item also highlighted in the week was the International Monetary Fund (IMF), which released its forecast for global economic growth to 2018 and 2019 at dawn on Tuesday, October 9. The IMF scenario indicates a decline of 0.2% in the two years, with the estimate falling from 3.9% to 3.7%. Such data were pointed out at a conference in Bali, Indonesia, in which the high ranking of the financial institution was found. For specialists, the body's note is just a confirmation of "a new inevitable recession." Among the factors contributing to this scenario are: Global trade war, especially between China and the United States; High interest rates in developed countries such as the US, which led to a shortage of credit to developing countries; and negative economic results from Europe. According to the companies' calendar, this period is expected to start on the 22nd, and this event can contribute directly to the an increase in the volatility of assets traded on the stock exchange. In this way, high-value assets are likely to present windows of investment opportunities that provide large margins of security through which excellent investments can be made. Finally, the expectation of the electoral race for the second round of presidential elections in 2018 may also contribute to good business being done by patient investors and who consider Value Investing, in fact, a coherent strategy of financial application .