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?

What were the odds of Bolsonaro winning the runoff after the first round of voting?

How did the congressional composition change after the elections?

What economic policies are expected from Bolsonaro and the new Congress?

What is the significance of pension reform in Brazil's economic agenda?