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4th Nov 2022 16:14Latin America, Weekly Monitor

  • Mr. Bolsonaro has ended his silence, implicitly con- ceding to Lula; that’s good enough.
  • All eyes are on Lula’s economic team appointments; capex remains well below cyclical peaks.
  • Lula will have to embrace orthodoxy, as markets are closely watching; a misstep will hurt him, quickly.

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Keywords for: 7 Nov 2022 LatAm Monitor

capex, markets, bolsonaro, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence