Now This for Brazil ETFs: IG Rating is Vulnerable
November 14, 2014 at 12:15 PM EST
Shares of the iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) are lower by nearly 2% Friday after Jefferies said Latin America’s largest economy is vulnerable to losing its investment-grade sovereign credit. “”It will be difficult to maintain the investment-grade rating even under best...