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Brazil’s markets set to tumble as investors bet Lula will add to fiscal pain

Brazil’s markets set to tumble as investors bet Lula will add to fiscal pain
Key Points

Investors had been positioned for victory by rightwing Bolsonaro, seen as more willing to tackle budget deficit

Investors had been positioned for victory by rightwing Bolsonaro, seen as more willing to tackle budget deficit
Brazil (LOCATION) Lula (PERSON) Bolsonaro (PERSON)
Originally published by Financial Times Read original →