Before Election Day, Traders Shied Away From Leveraged Brazil ETFs
October 27, 2014 at 11:26 AM EDT
In news that is about as surprising as the weatherman saying it is cold in Chicago in January, the iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) along with most other U.S.-listed Brazil exchange traded funds are getting crushed Monday after President Dilma Rousseff narrowly defeated challenger...