A Nu Dawn, A Nu Day

Plus: Metro Bank, Stablecoins, Sell-Side Analysts

One of the best – and easiest – trades I ever did took place around ten years ago. I’d been in Brazil, scouting for investment opportunities, and had visited management at the big banks headquartered in São Paulo. The city is a tough one to navigate – one of the most traffic-congested in the world. I moved slowly in an armoured vehicle between meetings,…