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Bolsonaro Trade Faces Reckoning in Too-Close-to-Call Brazil Vote
Source: Bloomberg
Emerging MarketsElections & Domestic PoliticsInvestor Sentiment & Positioning
Wall Street strategists recommended increasing exposure to Brazilian assets after Flávio Bolsonaro emerged as the presidential frontrunner. With Sunday's runoff described as too close to call, the outcome will test whether that positioning proves profitable or misguided.
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