BRIC, Emerging ETFs Need Brazil to Get Back in the Game
August 13, 2013 at 10:31 AM EDT
Downtrodden BRIC ETFs need the world’s second-largest emerging economy, Brazil, to get back on track for any chance to salvage a miserable 2013. The iShares MSCI Brazil Index Fund (NYSEArca: EWZ) has tumbled 17% the past three months. [Brazil ETFs – Is it Time to Get in?] Brazil is the...