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

· bloomberg.com · popularity 46/100 · 0 similar stories today · Personal Finance & Investing (Money, Markets & Investing)

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Summary

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.

Found in: Bloomberg, Bloomberg Markets. Rating basis: single outlet; outlet tier 5; 2 feeds; listed 2 times; feed position 11.