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Foreign Capital Returns To Brazil As Goldman Clients See 20% Stock Rally If Bolsonaro Defeats Socialist
Foreign Capital Returns To Brazil As Goldman Clients See 20% Stock Rally If Bolsonaro Defeats Socialist
Brazil's tightening presidential race could drive a sharp repricing of local equities.
A new Goldman Sachs survey of 70 global investors found that half see at least 20% upside in EWZ, the US-listed Brazil equity ETF, by year-end if right-wing challenger Flávio Bolsonaro defeats socialist President Luiz Inácio Lula da Silva. The first round is scheduled for Oct. 4, with a potential runoff on Oct. 25.
Lula (Left); Bolsonaro (Right)
Goldman Sachs Managing Director Nelson Armbrust provided clients color...
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Jun 14, 2026 / Tyler Durden
Talking Across The Divide
Talking Across The Divide
Authored by J. Peder Zane via RealClearPolitics,
How we see politics reveals a lot about who we are. But it is less akin to a Rorschach ink blot than one of those reversible images, like the drawing that is both a rabbit and a duck. As messy as society might be, it is not some blob open to any interpretation (at least not yet, anyway). The patterns are there. But where we see one clear thing clearly, our pal may see another just as sharply.
The difference is...
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Mar 30, 2026 / Tyler Durden
Dallas Fed Mfg Activity Holds Near One Year High Despite Plunge In Respondent Sentiment On Iran War
Dallas Fed Mfg Activity Holds Near One Year High Despite Plunge In Respondent Sentiment On Iran War
The Dallas Fed Manufacturing Index continues to straddle the unchanged line, and despite a tiny dip from 0.2 in February, the highest print since July, to -0.2 in March, just below the 1.5 median estimate, the index remained near the highest level in a year and absent a modest and brief, post-Trump election spike, this remains one of the highest prints since mid-2022.
Curiously, the headline index barely dropped even though most index components...
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Apr 21, 2026 / Kyle Anzalone
Trump Says Iran Ceasefire, Blockade Will Remain Indefinitely
President Donald Trump made a sharp reversal and announced that the ceasefire with Iran will continue indefinitely. “Based on the fact that the Government of Iran is seriously fractured, not unexpectedly so and, upon the request of Field Marshal Asim Munir, and Prime Minister Shehbaz Sharif, of Pakistan, we have been asked to hold our […]
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