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Ground Level - Drama Free
NEWS | Current Events & Daily Headlines
Brazil Stock Market crashes after Election Result
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<blockquote data-quote="Admin." data-source="post: 1642016" data-attributes="member: 1129"><p>But getting back to Brazil if the money people in Brazil think Lula is mismanaging the economy they may have been pricing in renewed growth in gdp in anticipation of a a Bolsonario victory that will restore confidence and sound policy and when Bolsonario lost they immediately get worried and assume the worse and then “crash” the stock market. Kind of like my Trump and oil markets story up above.</p></blockquote><p></p>
[QUOTE="Admin., post: 1642016, member: 1129"] But getting back to Brazil if the money people in Brazil think Lula is mismanaging the economy they may have been pricing in renewed growth in gdp in anticipation of a a Bolsonario victory that will restore confidence and sound policy and when Bolsonario lost they immediately get worried and assume the worse and then “crash” the stock market. Kind of like my Trump and oil markets story up above. [/QUOTE]
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Ground Level - Drama Free
NEWS | Current Events & Daily Headlines
Brazil Stock Market crashes after Election Result
