Brazil 2026: Lula vs Flávio Bolsonaro runoff seen as tight, marketer says

A Brazilian political marketer assesses that a potential 2026 runoff between President Lula and Flávio Bolsonaro would be extremely close, with Lula holding a razor-thin advantage. This is an early electoral projection, not a poll, and reflects emerging dynamics ahead of the campaign. The tightness signals elevated political uncertainty in Brazil, which could affect market sentiment on fiscal and reform agendas.