The ruling by Brazil’s Supreme Court to imprison left-wing populist Luiz Inácio Lula da Silva (Lula) all but ends his bid for the presidency and throws the election race wide open. While markets are likely to welcome the news when they open later today, there are reasons to think that any rally will be limited.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services