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Macro Finance

Bolsonaro Trade Faces Reckoning in Too-Close-to-Call Brazil Vote

Bloomberg Markets·October 23, 2026·1 min read

Wall Street strategists who recommended Brazil assets after Flávio Bolsonaro became the presidential frontrunner face a reckoning ahead of Sunday's too-close-to-call runoff. The trade's outcome will determine whether those recommendations led clients to profits or losses, as investors watch the election results closely.

Read at Bloomberg Markets
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