Brazil Markets Brace for Rout on Lula’s Improbable Election Win
Traders are bracing for steep losses across Brazilian markets Monday after President Luiz Inácio Lula da Silva pulled off a stunning comeback to defeat Flávio Bolsonaro, the right-wing candidate that many investors preferred.
<p>Traders are bracing for steep losses across Brazilian markets Monday after President Luiz Inácio Lula da Silva pulled off a stunning comeback to defeat Flávio Bolsonaro, the right-wing candidate that many investors preferred.</p>