Brazil Market Crisis: Investors Lose Faith In President Lula

From Bloomberg Markets and Finance.

Investors are losing faith in the Brazilian government’s ability to contain a deepening fiscal crisis. Traders are piling into hedges against a sovereign default, with the selloff extending across the country’s currency, stocks and bonds. Bloomberg’s Executive Editor for Latin America, Crayton Harrison, discusses on "The Pulse With Francine Lacqua."
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