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

October 26, 2026 at 07:38 PM

Paywall

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)

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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