Emerging Markets: Be Careful With This Brazil ETF Rally
March 28, 2016 at 06:05 AM EDT
After being one of the worst-performing emerging markets over the past several years, Brazil’s equity market is scorching hot this year as highlighted by a 24.2% year-to-date gain for the iShares MSCI Brazil Capped ETF (NYSEArca: EWZ). While it is easy to be seduced by EWZ’s stellar...