# Brazil markets set to tumble as investors bet Lula will deepen fiscal strain

https://mins.news/en/item/115770

- Financial Times, 2026-10-26 12:21 UTC
- Economy
- Original: https://www.ft.com/content/bffe028e-838d-4e74-b05e-62f6db4978db?syn-25a6b1a6=1

> 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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- [Lula's victory forces investors to rethink Brazil bets](https://mins.news/en/video/115559) — Reuters, 2026-10-26
