Is Brazil Finding A Bottom?
Posted on September 12, 2008 at 21:00 PM EDT
As I noted yesterday, emerging markets have been struggling mightily in the past few months. An excellent example of the weakness in emerging markets can be found in Brazil, where the Brazil country ETF (EWZ) fell 44.3% from a late May high to a low that was made yesterday. Now picking bottoms is a game best [...]
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