Why Brazil’s Markets Rallied

“Global investors did not expect Flávio Bolsonaro to convincingly top the first round of Brazil’s presidential election, but now their expectations are running high that Latin America’s largest economy could soon be transformed,” Axios reports.

“Should the right-wing candidate win the run-off on Oct. 25, nearly all of South America would become aligned with the Trump administration on trade, national security and other issues.”

Washington Post: Trump kept silent in Brazil’s election. It might have helped his ally.