https://www.live-feeds.com/feed/brazilian-markets-convulse-after-unexpected-election-resultContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/brazilian-markets-convulse-after-unexpected-election-resulthttps://www.live-feeds.com/feed/brazilian-markets-convulse-after-unexpected-election-result#u167445Sun, 01 Nov 2026 09:40:15 +0000Brazilian financial markets convulsed and suffered a sharp sell-off following the re-election of incumbent President Luiz Inacio Lula da Silva to an unprecedented fourth term in a runoff vote. The surprise outcome shattered investor expectations for a more market-friendly administration, sparking immediate concern over government spending, rising public debt, and interest rates. Stocks and the real fell sharply as investors reassessed fiscal policy in South America's largest economy, testing prediction markets that had heavily favored his opponent.Why it mattersPrediction platforms such a