Largest Brazil ETF Tumbled 15% in May

Amid a slew of domestic issues, including a labor strike, the iShares MSCI Brazil Capped ETF (NYSEArca: EWZ), the largest ETF tracking Brazilian equities, tumbled nearly 15% last month. EWZ now labors 26% below its 52-week, confirming that Brazilian stocks are in another bear market. Some market...