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Analysis: Could Petrobras cause divorce between Bolsonaro and the market?

RIO DE JANEIRO, BRAZIL - Among economists and analysts who believe that the latest news about Petrobras represents the divorce between the Bolsonaro government and the market, with turbulent times ahead, and those who believe in an impact more similar to "Joesley Day", when the stock market slumped but soon recovered, all agree on one point: Monday, February 22nd, will be volatile, the stock market will be bearish and Petrobras and state-owned companies, mainly electric power companies, will see their share prices slump.

On Friday, after the appointment of General Joaquim Silva e Luna to replace Roberto Castello Branco as . . .

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