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Summary Of Analyst's Reactions To Lula News

BRAZIL
  • Thomas Traumann – Political Analyst: *2022 election began yesterday. Probable polarization will contaminate the political environment and could eliminate the space for other candidates. May pressure candidates such as Doria and Huck to join forces.
  • Zeina Latif – Economist: *Very worrisome to see an entire process be reversed by a single justice – should have been debated by the Supreme Court as a whole – makes it harder to rebuild Brazil's international standing. Prospect of Bolsonaro being re-elected due to polarized environment is deeply concerning.
  • Brian Winter - AQ Editor in Chief: *These days Lula inspires much less love, or hatred. Most of his rallies after his prison release failed to generate much interest, either in person or online. However, he remains a formidable figure. Despite sentiment against his workers party remaining strong, circumstances are changing – mainly due to Bolsonaro's disastrous management of the pandemic. Another question arises concerning the military reaction with many leaders now fully involved in Bolsonaro's government.
  • Tony Volpon – Chief Strategist at WHG: *Election too far away to determine whether this is positive or negative development. It may diminish the uncertainty over who will run and may add discipline to current government in the knowledge there is a concrete competitive candidate.
  • Mark Mobius in a Bloomberg interview – *Surprised markets reacted badly. Lula presided over some of the happier times. Believes his programs were very popular and that Lula has learned his lesson with regard to corruption.
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