Brazil EWZ ETF Plunges ~20% After Lula Reelection Victory
Published 23 h ago15 sourcesEvidence: Unknown
The Brazilian stock exchange triggered its circuit breaker on Monday after President Lula's re-election victory, marking a significant market reaction. The event underscores investor uncertainty about fiscal policy under a fourth Lula term. The frequency of such triggers is being reviewed as a historical context.
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