Lula Post-Election Market Drop Joins Historic Declines of 2001, 2008, 2020
Published 2 d ago7 sourcesEvidence: Reported
Short positions on Brazilian equities increased 5% for Ibovespa constituents and 10% for small caps (SMLL) in data through October 28, capturing the first sessions after the second-round election. The rise suggests growing bearish sentiment, particularly among smaller companies, though the magnitude is moderate and may reflect election-related repositioning.
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