In a postmortem published Wednesday on Sunday's first-round Brazilian presidential election, Alberto Ramos, Goldman Sachs' chief Latin American economist, described a "conservative wave" that swept the country, culminating in right-wing Senator Flávio Bolsonaro's win over unhinged socialist President Luiz Inácio Lula da Silva.
Bolsonaro's momentum continued mid-week after he secured endorsements from four center-right parties, strengthening his coalition ahead of the October 25 runoff election against Lula.
Bloomberg reports that Uniao Brasil, Progressistas, Republicanos and Novo backed Bolsonaro on Wednseday, one day after former rival Ronaldo Caiado backed him.
"We can't be part of a lost generation," Sao Paulo Governor Tarcísio de Freitas told Bolsonaro at a Republicanos event late Wednesday.
Freitas added, "We have to deliver on the work that your father started."
Freitas is describing the nation-killing socialist policies of Lula and how a once-in-a-generation conservative sweep has shifted South America from left-wing to right-wing after years of economic despair under socialist rule.
If Bolsonaro wins the runoff, it would cement the South American shift from left to right, with the continent's largest
