Political Shake-Up Hits Hedge-Fund Trade as Brazil Markets Swoon
As Brazil’s markets rallied, month after month, and global investors kept flooding in, the gains were big enough to overshadow the risks from a presidential election that’s still almost a...
By Giovanna Bellotti Azevedo, Vinicius Andrade, Leda Alvim · Bloomberg Markets
As Brazil’s markets rallied, month after month, and global investors kept flooding in, the gains were big enough to overshadow the risks from a presidential election that’s still almost a year away.