Latest / Lundgreens Capital | UK
Caution ahead for Brazil’s presidential election
Adding to domestic and global uncertainties is the head-to-head presidential race, making the Brazilian market a challenging environment for investors leaning towards more defensive strategies.
Brazil will hold its most awaited presidential election this October. While there are four candidates, there are really two main and different ideologies going head-to-head. On one side, the incumbent president, Luiz Inácio Lula da Silva from the Partido dos Trabalhadores, will seek re-election. The other side representing Partido Liberal is Flávio Bolsonaro, son of former president Jair Bolsonaro…
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