Brazil Market, ETF in for Economic Slowdown

Brazilian stocks and related exchange traded funds could be in for further pain as a depreciating real currency and fiscal tightening push the country into a recession. The iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) fell 7.9% over the past week and declined 6.5% year-to-date. EWZ also dipped...
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