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Lula’s Win Isn’t as Bad as Markets Think

Luiz Inácio Lula da Silva’s shock win in Brazil against Flávio Bolsonaro triggered an investor reaction for the ages. Bloomberg Opinion columnist Juan Pablo Spinetto explains why he thinks markets are overacting. (Source: Bloomberg)

This article was originally published by Bloomberg Markets and is republished here under license.

Luiz Inácio Lula da Silva’s shock win in Brazil against Flávio Bolsonaro triggered an investor reaction for the ages. Bloomberg Opinion columnist Juan Pablo Spinetto explains why he thinks markets are overacting. (Source: Bloomberg)

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