Brazil ETF Edges Toward Another Bear Market
September 22, 2014 at 13:15 PM EDT
It might be hard to believe upon learning the iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) entered Monday with a year-to-date gain of almost 10.6%, but the largest Brazil largest Brazil ETF looks to be limping towards a new bear market as Brazil’s Oct. 5 national elections near. With Monday’s...