Brazil Bulls Turn Bearish as Star Minister’s Exit Fuels a New Crisis

(Bloomberg) -- Brazilian assets reclaimed their post as worst-in-the-world with a bang as clashes between President Jair Bolsonaro and some of his top ministers eroded what was left of investors’ optimism.Stocks sank as much as 9.6% and the currency reached an all-time low of 5.7456 per dollar as Justice Minister Sergio Moro, one of Bolsonaro’s “super ministers,” quit. His departure comes at a time when the administration is already ripe with infighting amid the coronavir