Brazil reclaims status as an emerging-market darling among investors amid new leadership

Brazilian stocks are off to a hot start this year, with the country's benchmark index rising more than 8 percent in 2019. The jump in Brazilian shares comes as investors cheer the possibility of key reforms being passed by new President Jair Bolsonaro, including changes to the country's pension system. Bolsonaro is "hitting all the right notes the market has been wanting to hear for years," says one strategist. "That's why I think the market reaction has been so positive.