First-time investors are flooding Brazil’s stockmarket | The Economist

First-time investors are flooding Brazil's stockmarket

But fiscal uncertainty threatens the boom

“MY PARENTS NEVER talked about investing,” says Arthur Lira, a university student from Olinda, a city in Brazil's poor north-east. In March, after hearing on YouTube that it was a good time to buy stocks, he set up an account with an online brokerage and bought shares in airline companies with 400 reais ($75).

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