Traders Bet Soaring Brazilian Stocks, ETFs Will Soon Ebb
March 23, 2016 at 08:03 AM EDT
Brazil, Latin America’s largest economy, is one of the most volatile emerging markets. That much is confirmed by a three-year standard deviation of nearly 29% for the iShares MSCI Brazil Capped ETF (NYSEArca: EWZ). Amid a severe bout of political drama and flailing economy, Brazilian stocks...