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Markets confident of Bolsonaro victory: stocks up 2% and Real logs sixth straight sessions' win

Saturday, October 27th 2018 - 09:50 UTC
Full article 5 comments

Brazilian stocks index, Bovespa, rose nearly 2% on Friday ahead of this weekend's presidential election, whole Brazil's Real further consolidated. The MSCI's index of emerging market stocks in the region gained 1.24%. Although, the region's markets fared better than emerging markets elsewhere, they were on track to end a five-week winning streak. Read full article

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  • :o))

    Will the trends continue when the “Honeymoon is OVER”?
    http://4.bp.blogspot.com/-KYy_ouysypg/USbEhWhs1aI/AAAAAAAAS6I/Gzmv7Bin5no/s1600/humorcaf%C3%A9damanh%C3%A3.jpg

    Oct 27th, 2018 - 09:40 am - Link - Report abuse 0
  • Jack Bauer

    @:o))
    Most marriages start with a honeymoon....which is no guarantee it'll last...but what would you prefer ? the guarantee of continuation of 'lulopetismo', with puppet Haddad, and Lula a free man, to start the chaos all over again ?
    I understand your skepticism after 14 (+2) years of shit, but I think it's high-time you started to think a bit less pessimistically....

    Oct 30th, 2018 - 07:58 pm - Link - Report abuse 0
  • :o))

    @JB

    I'm I am dying to be an optimist - believe it or not!

    If one thinks that politicians are spending millions of US$ and fighting bitterly to grab power - for years - because they are patriots; think again!

    If one yearns to be a politician; it's to steal public money.

    At the end of each election result; the people jump with joy. Those who are bursting crackers today, they did exactly the same - election after election - to cheer Sarne, FHC, Collor, Maluf, Garotinho, Lula, just to name a few [out of too many] other crooks!

    In any case; what really matters the most;- the Bare Minimum - is:
    : Lowest possible [much less than 2-digit] unemployment
    : USD = steadily below R$ 3

    Oct 31st, 2018 - 11:25 am - Link - Report abuse 0
  • Jack Bauer

    @:o))
    the political class does not fool me....most are corrupt pigs....but, in 2002, I did not vote for the PT - never have, never will - but after Lula “apaziguad” society with his open letter , weren't people a little less pessimistic, and ready to give him a chance ? the fact he fucked things up, stole billions, all but bankrupteded PB, is history...and the SOB is in jail, paying for his crimes....but don't you think that Bolsonaro, having to a certain extent, broken away from the “old politics”, deserve a vote of confidence ? if after a couple years - the minumum, I expect, - needed to get Brazil back in the right direction, his policies are making things worse, then I'll have to resign myself to the fact that I should be able to turn things around in Oct 2022...but not with the PT, because anyone with half-a-brain knows what the PT wants. Pessimism gets you nowhere....and makes you unhappy !!!

    Oct 31st, 2018 - 06:56 pm - Link - Report abuse 0
  • :o))

    @JB

    REF: “Pessimism gets you nowhere....makes you unhappy”:

    True!

    The problem: Our tunnel is practically unending + the faint light at the end of it has a small chance of brightening.
    http://blogdoaftm.web2419.uni5.net/wp-content/uploads/2018/07/820x615x2011-820x615.jpg.pagespeed.ic.JnwfZRsdZp.jpg

    Nov 01st, 2018 - 09:50 am - Link - Report abuse 0

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