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Funds Warn Brazil $126 Billion Stock Market Rout Isn’t Over Yet

Bloomberg(subscription required) ·

The rout in Brazilian assets sparked by Luiz Inácio Lula da Silva’s re-election shows little sign of abating, with some of the nation’s biggest money managers saying a downturn that has already wiped out months of gains could get even worse.

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First reported by The Atlantic at · 2 outlets in all

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  1. Bloomberg(subscription required)Funds Warn Brazil $126 Billion Stock Market Rout Isn’t Over YetThe rout in Brazilian assets sparked by Luiz Inácio Lula da Silva’s re-election shows little sign of abating, with some of the nation’s biggest money managers saying a downturn that has already wiped out months of gains could get even worse.
  2. The Atlantic(subscription required)Reading Isn’t Over YetReaders respond to our August 2026 cover story and more.