Brazil’s country ETF is crashing 26% after Lula’s re-election.
To put that into perspective:
During the 2008 financial crisis, its worst day was -19.6%
During the COVID crash, its worst day was -23.1%
It’s heading for the biggest single-day collapse in its entire 26-year history.
To put that into perspective:
During the 2008 financial crisis, its worst day was -19.6%
During the COVID crash, its worst day was -23.1%
It’s heading for the biggest single-day collapse in its entire 26-year history.
