he says brazil's pensions are first in line. with. your first big expenditure is social security and pensions. it's the first big challenge we face it's our biggest challenge. and if this challenge is successful. then two or three months from now we can look forward to ten years of sustainable growth ahead of us because. stocks soared in response to the new government closing at a record high. economists victor candido says he's not surprised. the movements we're seeing on the market reflect the expectations for the new government interest in the reduction of bureaucracy in economic issues and measures that aim to bring productivity up. the new administration has been talking