Investors Jolted by Lula Win Search for Bottom After Brazil Rout
Investors blindsided by President Luiz Inácio Lula da Silva’s re-election are balking at buying into Brazil’s markets after bullish bets on the nation’s assets unraveled spectacularly.
By Giovanna Bellotti Azevedo, Vinícius Andrade and Leda Alvim · Bloomberg Markets
Investors blindsided by President Luiz Inácio Lula da Silva’s re-election are balking at buying into Brazil’s markets after bullish bets on the nation’s assets unraveled spectacularly.