Brazil Loses, but ETFs Win
July 09, 2014 at 12:42 PM EDT
To call it surprising is to describe the situation modestly, but the iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) is higher by 1.7% today. Put another way, EWZ, the largest ETF tracking Latin America’s largest economy, is, at this writing, the seventh-best non-leveraged ETF on the day, a day...