u/ArkanenCastle · 10h ago3 prior · awaiting results
Long EWZ
A BBL, Butt For Your Portfolio 🇧🇷 (EWZ, XP, PICS, AGBK)
Bolsonaro is favored to win Brazil's October 25 presidential runoff (77% prediction market odds) and has historically never lost after leading the first round. His administration is expected to pursue fiscal cuts and lower interest rates, which the market views positively. A Bolsonaro win should trigger a multi-month macroeconomic uptrend in Brazilian equities.
At post $42.59Now $42.590.0% since postedas of Oct 23, 4:45 PM ET