Time for Lula to name his cabinet

By Rory Hammerston, a senior investment manager at Swip Fifty five million Brazilians voted for change. The economic future of the largest country in Latin America will now depend on a leftwing politician who was rejected in three previous presidential elections for his radical anti-capitalist platform. Even before the second round election on 27 October, the stock market was in sharp recovery mode. The bond market led the rally, having reached a low on 16 October as confidence in a left-wing government reached rock bottom. It only needed a comment from Lula's campaign manager t...