No menu items!

Stock market fell 2% and the dollar rose 0.62% two weeks after Lula da Silva was elected

In 2018, when Bolsonaro won the election, the stock market dropped 0.09%, and the dollar advanced 2.43% in the same period.

At that time, the index had a slight retreat of 0.09%. It went from 85,720 points to 85,641 points.

Under Lula, the stock market went from 114,539 points to 112,253 points.

In other words, those who invested in an improvement in the stock market with Lula da Silva in office in the very short term lost money.

The main reason for the fall: Da Silva's statements about Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content