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Brazil election: why Lula faces a much more challenging third term

Following Lula's Brazilian election victory, many will be hoping for a repeat of the economic performance from the last time he was in office. However, he faces a very different backdrop this time around.

01/11/2022
brazil-ipanema

Authors

David Rees
Senior Emerging Markets Economist

This article is issued by Cazenove Capital which is part of the Schroders Group and a trading name of Schroder & Co. Limited, 1 London Wall Place, London EC2Y 5AU. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. 

Nothing in this document should be deemed to constitute the provision of financial, investment or other professional advice in any way. Past performance is not a guide to future performance. The value of an investment and the income from it may go down as well as up and investors may not get back the amount originally invested.

This document may include forward-looking statements that are based upon our current opinions, expectations and projections. We undertake no obligation to update or revise any forward-looking statements. Actual results could differ materially from those anticipated in the forward-looking statements.

All data contained within this document is sourced from Cazenove Capital unless otherwise stated.

Authors

David Rees
Senior Emerging Markets Economist

Topics

Latin America
Emerging Markets
Economics
Economic views
Politics

The value of your investments and the income received from them can fall as well as rise. You may not get back the amount you invested.