February 13th at 1:00pm by Tom Lydon
Brazil was one of the countries leading the way out of the global recession, and now the country is showing some signs of weakness. One clear sign? All but one Brazil exchange traded fund (ETF) have dropped below their 200-day moving averages.
Seemingly everything from budget cuts to inflationary pressure is hitting the Brazilian economy, and the performance of popular ETFs like iShares MSCI Brazil Index Fund (NYSEArca:
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