Brazil's markets experienced a 13.9 percent decline following Lula's election victory.

Lula Wins Election, Loses Argument With Math Brazil's Markets Fall 13.9 Percent as Ballot Boxes Close and Brokerage Accounts Follow BRASÍLIA, Brazil — President Luiz Inácio Lula da Silva won a fourth, nonconsecutive term on Sunday, October 25, proving that Brazil can settle a presidential election without settling the national accounts. https://bohiney.com/lula-wins-election/

Lula Wins Election, Loses Argument With Math Brazil's Markets Fall 13.9 Percent as Ballot Boxes Close and Brokerage Accounts Follow BRASÍLIA, Brazil — President Luiz Inácio Lula da Silva won a fourth, nonconsecutive term on Sunday, October 25, proving that Brazil can settle a presidential election without settling the national accounts. https://bohiney.com/lula-wins-election/