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

Source: Bloomberg

Elections & Domestic PoliticsMarket Technicals & FlowsInvestor Sentiment & Positioning

Luiz Inácio Lula da Silva’s shock win over Flávio Bolsonaro in Brazil prompted a major investor reaction. Bloomberg Opinion columnist Juan Pablo Spinetto argues that markets are overreacting; the article excerpt provides no figures or specific market moves.

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