A Santa Claus Rally for Brazil ETFs?
November 20, 2014 at 12:38 PM EST
The iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) is one exchange traded fund that confirms the old maxim “There is no such thing as a free lunch.” Over the past month, EWZ, the largest ETF tracking stocks in Latin America’s largest economy, is down 1.7%. That does not sound dreadful, particularly...