Lula’s honeymoon with the markets ends amid spending plan fears
BRASILIA, Nov 10 (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva’s short-lived honeymoon with the markets appeared to end on Thursday as investors grew impatient with his desire to increase social spending without setting rules long-term budgets or appointing its main economic decision-makers. Brazil’s currency and the benchmark Bovespa (.BVSP) stock index both surged …
Lula’s honeymoon with the markets ends amid spending plan fears Read More »