It’s Going to be a Brutal Day for Brazil ETFs
October 27, 2014 at 01:54 AM EDT
Monday is shaping up to be a brutal day for exchange traded funds that hold Brazilian equities after President Dilma Rousseff narrowly defeated challenger Senator Aecio Neves in Sunday’s runoff election. In Brazil’s closest election since 1985, Rousseff beat Neves 52% to 48%. As had been reported...