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Lula’s Win Isn’t as Bad as Markets Think

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Luiz Inácio Lula da Silva’s shock win in Brazil against Flávio Bolsonaro triggered an investor reaction for the ages. Bloomberg Opinion columnist Juan Pablo Spinetto explains why he thinks markets are overacting.

Luiz Inácio Lula da Silva’s shock win in Brazil against Flávio Bolsonaro triggered an investor reaction for the ages. Bloomberg Opinion columnist Juan Pablo Spinetto explains why he thinks markets are overacting. (Source: Bloomberg)
Lula (PERSON) Luiz Inácio (PERSON) Lula da Silva (PERSON) Brazil (LOCATION) Flávio Bolsonaro (PERSON) Bloomberg Opinion (ORG) Juan Pablo Spinetto (PERSON) Bloomberg (PERSON)
Originally published by Bloomberg Markets Read original →