Some Doubt Brazil Stock, ETF Rally
March 15, 2016 at 06:35 AM EDT
EWZ lost nearly 42% last year after losing 16.5% in 2014 and 2013 EWZ is higher by almost 26% year-to-date due in part to the country’s corruption crackdown In September, Standard & Poor’s downgraded Brazil’s sovereign credit rating to junk status, becoming the first major ratings agency...