EconomyBrazil markets set to tumble as investors bet Lula will deepen fiscal strain
Investors had positioned for a victory by rightwing Bolsonaro, whom they viewed as more willing to tackle the budget deficit. They now expect Lula to add to fiscal pressure, setting Brazil’s markets up for a fall.
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Financial Times★★★☆☆2026-10-26 12:21Original
Brazil markets set to tumble as investors bet Lula will deepen fiscal strain