Brazil's markets rallied on Tuesday as investors bet on a comeback for Jair Bolsonaro, the son of the former president, who is leading in the first round of the presidential election.[8004470][7972475][7904302] Flávio Bolsonaro, the son of the jailed former president, is seen as a more likely candidate to enact quick spending cuts than current president Luiz Inácio Lula da Silva.[8004470] The first-round vote has raised the prospect of a dramatic victory for Flávio Bolsonaro, with more than half of the ballots counted.[8004470][7972475] However, the pollsters project a runoff between Flávio Bolsonaro and Luiz Inácio Lula da Silva, as the lead of Flávio Bolsonaro narrows.[8004470][7932192]