A Brazilian With A Sudden Rip Of The Wax

Remembers BRICs? Seems quaint now, doesn’t it? Because the “B” part of that acronym – Brazil – looks like it’s heading straight for complete cataclysm, and the country’s ETF below simply cannot find a bottom.

Remembers BRICs? Seems quaint now, doesn’t it? Because the “B” part of that acronym – Brazil – looks like it’s heading straight for complete cataclysm, and the country’s ETF below simply cannot find a bottom. The only winners are Americans with their sweet, sweet dollars who want to head down to Rio to see what that can buy on the cheap.

0922-ewz

STOCKS IN THIS ARTICLE

Comments