30.01.2013 - Brazil ETFs: Should investors buy the gold medals and golden crosses?
If you look hard enough, you can find a whole lot of things that are wrong with the “B” in BRIC. The country’s GDP growth is virtually non-existent. Government regulatory intervention in both the energy sector as well as the financials segment has been increasing. And Brazil’s currency lost approximately 7% against the dollar on a year-over-year basis, hurting unhedged investment in the nation. On the other hand, if India, China and Russia can find their way out of the emerging market bear cave, wouldn’t there be reason for some optimism on Brazil?..............................................Full Article: Source
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