Brazil's Senate Debates Rousseff's Impeachment Trial

The transcript discusses the political situation in Brazil, focusing on the impeachment of Dilma Rousseff and the potential rise of Michel Temer. It highlights the market's optimistic reaction to these political changes, with significant gains in the Brazilian stock market and currency. The discussion also covers the impact on European equities with exposure to Brazil, noting that while the situation is challenging, there is potential for positive outcomes if Brazil's economy recovers.

What is the significance of Michel Temer's role during the impeachment trial?

What impact has the political situation had on the Brazilian stock market?