By Vinícius Andrade
Brazil missed out on the biggest monthly rise for emerging assets since 2016 amid fears that President-elect Luiz Inácio Lula da Silva (PT, progressive-globalist) will embark on a spending spree, which has clouded prospects for Brazilian markets.
The MSCI Brazil index is down more than 6% in November, heading for its worst month since June and on the heels of a 14% gain in the benchmark . . .