Brazil's Strongman Closes In on Presidency After Round-One Rout

The transcript discusses the surprising results of the Brazilian election, where Bolsonaro received 46% of the vote, exceeding expectations. Analysts suggest that the runoff is his to lose. The discussion also covers the potential impact of Bolsonaro's presidency on markets, given his unclear economic plans and the conservative shift in Congress. Key issues include pension reform and economic policy direction.

What percentage of the vote did Bolsonaro receive in the first round of voting?

• 60%

• 50%

• 46%

• 40%

What is a key concern for markets regarding Bolsonaro's economic plans?

• His past voting record

• His lack of experience

• His alignment with his economic advisor's proposals

• His focus on privatization

What major political change occurred in Brazil's Congress?

• It remained the same

• It dissolved

• It became more liberal

• It became more conservative

What is one of the most important economic reforms needed in Brazil?

• Education reform

• Healthcare reform

• Pension reform

• Tax reform

What is Bolsonaro's historical stance on state interventionism?

• Nationalist

• Ultra-liberal

• Pro-privatization

• Pro-market