As Rousseff Gains, Brazil ETF Inches Towards a Bear Market
September 29, 2014 at 11:32 AM EDT
This year’s price action in Brazilian equities, the iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) and rival Brazil exchange traded funds has been easy to explain. Investors bid those securities on news that shows waning support for President Dilma Rousseff ahead of Brazil’s Oct. 5 national...