Brazil's presidential election is becoming increasingly tense, and this election has a huge stake in the market. Current president Luis Inácio Lula da Silva will face Flavio Bosonaro, who has relatively little experience. Lula, who has been elected for a long time, has been a central figure in Brazilian politics since this century; Bosonaro ran for election as the political heir of his father Jair Bosonaro. For assets, the key issue is government spending. The Brazilian government is spending too much. According to data from the International Monetary Fund, among countries with the same S&P rating as BB, Brazil's total government debt clearly accounts for the highest share of GDP.

Brazil's presidential election is becoming increasingly tense, and this election has a huge stake in the market. Current president Luis Inácio Lula da Silva will face Flavio Bosonaro, who has relatively little experience. Lula, who has been elected for a long time, has been a central figure in Brazilian politics since this century; Bosonaro ran for election as the political heir of his father Jair Bosonaro. For assets, the key issue is government spending. The Brazilian government is spending too much. According to data from the International Monetary Fund, among countries with the same S&P rating as BB, Brazil's total government debt clearly accounts for the highest share of GDP.