Be Careful When Considering Brazil
September 24, 2015 at 08:00 AM EDT
The iShares MSCI Brazil Capped ETF (NYSEArca: EWZ), the largest exchange traded fund tracking Brazilian stocks, fell another 4.2% yesterday, cascading to another multi-year low and extending its one-month loss to over 16%. Slack GDP estimates and a tumbling real are among the downside catalysts...