Key Points 1. Ibovespa hit a record above 165,000 points before crashing 4.31%, its worst fall in almost five years. 2. News that Flávio Bolsonaro, not São Paulo governor Tarcísio de Freitas, may lead the right in 2026 shattered hopes for a market-friendly alternative to the current left-wing government. 3. Banks and domestic cyclicals were […]