No menu items!

Brazil: “Lula da Silva is favorite, but market wants to see him in the center,” -Goldman Sachs

Goldman Sachs, one of Wall Street's giants, sees former President Luiz Inácio Lula da Silva (Workers' Party, PT, left) as the favorite to win the elections in Brazil, despite a narrow margin against his rival, President Jair Bolsonaro (Liberal Party - PL, right), in the first round.

However, there is an expectation that the PT candidate will move more to the center and detail his proposals from an economic perspective, particularly the fiscal issue, according to Alberto Ramos, director of Macroeconomic Research for Latin America at Goldman Sachs.

"Lula da Silva ran a very 'believe me, you know me . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content