Macro Finance
Funds Warn Brazil $126 Billion Stock Market Rout Isn’t Over Yet
Bloomberg Markets·November 11, 2026·1 min read
Brazil's $126 billion stock market rout, triggered by Luiz Inácio Lula da Silva's re-election, shows no signs of ending, with major money managers warning the downturn could worsen. The selloff has already erased months of gains, and fund managers suggest further declines are likely as political uncertainty persists.
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