"Buy to the sound of cannons and sell to the sound of violins." This phrase, repeated for decades in financial markets, has regained strength at a time of growing geopolitical tension, persistent inflation, and doubts about the direction of the global economy.
For some investors, periods of crisis represent a signal to reduce risk. For others, they can open up opportunities in companies that continue to generate cash regardless of the scenario. This is precisely the interpretation of Sidney Lima, an analyst at Ouro Preto Investimentos, in an interview with Janela de Mercado.
According to the expert, the volatility caused by international conflicts, trade disputes led by the United States, and uncertainties about interest rates does not alter a fundamental characteristic of the market: some companies tend to weather storms better than others.
The challenge, according to him, lies in separating the short-term noise from the fundamentals that underpin a company's value over the years.
Unlike the United States, where the technology sector has a dominant weight in the indices, Lima says that the Brazilian stock exchange concentrates more companies linked to the real economy, with strong exposure to the financial system, infrastructure, and natural resources. This composition allows certain businesses to absorb external shocks more efficiently than others.
At the same time, the prospect of higher interest rates for longer tends to create winners and losers within the stock market. While some companies manage to turn this environment into a competitive advantage, others face greater difficulty in growing, financing operations, and stimulating consumer demand.
Watch the full video to learn about the sectors that Sidney Lima considers best prepared to face the current economic scenario.
