On balance, investors are much more pessimistic about Brazil due to pending elections this October than they are optimistic. Over the last three months, Brazil's stock market has been getting beat by the benchmark emerging markets index. U.S. investors are almost always overly negative about Brazil's elections. In other words, foreign investors are pessimistic about Brazil, and that's expected. Not a single Workers' Party candidate polls more than 5% of voter intentions, based on Datafolha surveys, a São Paulo-based pollster.
Source: Forbes May 14, 2018 12:11 UTC