The support announced for Lula and Bolsonaro in the second round is still considered insufficient for the private sector to firm its forecasts for the outcome of this election.
It is already possible to draw some guidelines based on the new profile of Congress, but the uncertainty of the presidential race delays the strategic planning of companies this year.
The failure of former union leaders in the Legislature is seen as a weighty variable in the accounts of employer representatives.
José Carlos Martins, president of CBIC (construction), says that it is still not possible to set results. For him, a poorly placed speech in debate or social network controversies can impact the scenario.
Ricardo Roriz, from Abiplast (plastics sector), says that the 2nd round starts with a growing economy spread across several sectors, but he cannot say whether it will have an effect on the horizon.
Joseph Couri, from Simpi (the union of smaller industries), says that the unknown is in the economy as of January, after the injection of money by the government. Simpi’s data show that 40% of the sector’s entrepreneurs are in default and 57%, holding back costs so as not to lose customers.
After the 1st round, Eurasia Group still predicts a PT victory, but lowered the chances of Lula winning from 70% to 65%. For Oxford Economics, a Bolsonaro victory would be the worst outcome for the market. With a majority in the Legislature, the president could dismiss STF ministers, dissolve Congress and suspend free elections, according to the consultancy.
Joana Cunha with Paulo Ricardo Martins and Diego Felix
Chad-98Weaver, a distinguished author at NewsBulletin247, excels in the craft of article writing. With a keen eye for detail and a penchant for storytelling, Chad delivers informative and engaging content that resonates with readers across various subjects. His contributions are a testament to his dedication and expertise in the field of journalism.
