Black Monday and the Long Week After
After Lula’s reelection, the Ibovespa fell 18.12% in a week, its worst since March 2020. Here is what investors hope for and what they fear.
After Lula’s reelection, the Ibovespa fell 18.12% in a week, its worst since March 2020. Here is what investors hope for and what they fear.
Lula’s surprise re-election sent the Ibovespa down 13.88% in a single session. From fleet rental to retail and banks, here are the companies that lost the most and why.