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Macro Finance

Funds Warn Brazil $126 Billion Stock Market Rout Isn’t Over

Bloomberg Markets·November 11, 2026·1 min read

The rout in Brazilian assets sparked by Luiz Inácio Lula da Silva's re-election shows little sign of abating, with some of the nation's biggest money managers saying a downturn that has already wiped out months of gains could get even worse. The $126 billion stock market rout may continue, according to fund warnings.

Read at Bloomberg Markets
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