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Value Is Working Here, Too
Thursday, May 5, 2016 - 4:17pm | 541This year, investors are hearing plenty about the resurgence of the value factor and the reemergence of emerging markets equities and exchange-traded funds. On that note, it would appear logical that marrying those two themes would be rewarding. The PowerShares FTSE RAFI Emerging Markets Portfolio...
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Brazil ETF Fights Off Troubling Economic News
Friday, April 29, 2016 - 9:58am | 453Once one of the most savagely repudiated single-country emerging markets exchange traded funds, the iShares MSCI Brazil Capped ETF (NYSE: EWZ) is regaining its darling status this year. EWZ, the largest Brazil ETF, is up more than 41 percent year-to-date, or more than five times the returns...
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Brazil's Parliament Voted To Commence Impeachment Charges Against President Rousseff
Monday, April 18, 2016 - 9:08am | 240Brazil's troubling political situation may have taken a turn for the worse as the country's Parliament voted to commence impeachment proceedings against President Dilma Rousseff. Rousseff faces charges of manipulating government accounts. As noted by the BBC, she is accused of "using creative...
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ETF Investors Were Skittish Ahead Of Brazil Impeachment Vote
Monday, April 18, 2016 - 6:54am | 634Ahead of Sunday's vote by Brazil's lower house of congress to impeach President Dilma Rousseff, exchange traded funds investors did not scamper into ETFs tracking Latin America's largest economy in big numbers. As of 12 a.m. Eastern time, 439 votes had been cast in Brazil's...
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Renewed Rendezvous: Investors Head to This Region's ETFs
Thursday, March 31, 2016 - 8:31am | 553As emerging markets stocks and exchange-traded funds tumbled over the past several years, Latin American equities were a big reason why. With emerging markets being a lagging, hated asset class, disdain among investors for Latin American stocks ran high. That disdain morphed into love in March, as...
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Brazil Political Party Pulling Away From President
Wednesday, March 30, 2016 - 11:54am | 239Brazil's political stability appears to have taken a turn for the worse on Wednesday. According to Reuters, Brazil's largest political party, the Brazilian Democratic Movement Party (PMDB) announced its intention to leave President Dilma Rousseff's governing coalition and pull its members from the...
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After A Rally, This ETF's Stocks Are Expensive
Tuesday, March 22, 2016 - 8:09am | 442In one of the most stunning reversals in recent memory for an emerging markets single-country exchange-traded fund, the iShares MSCI Brazil Index (ETF) (NYSE: EWZ) is up 31 percent over the past month. EWZ's gain over that stretch is more than two and a half times that of the MSCI Emerging...
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Rousseff Is A Problem For Brazil Leveraged ETF
Thursday, March 17, 2016 - 7:27am | 497The following is the recipe for a toxic cocktail: One part a historically volatile, high standard deviation emerging market. One part incompetent president. One part widening corruption probe and scandal. One part bullish leveraged exchange traded. Adventurous traders can drink up with the...
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Faint Signs Of Hope For Brazil ETFs
Tuesday, February 9, 2016 - 1:50pm | 510Believe it or not, the iShares MSCI Brazil Index (ETF) (NYSE: EWZ) has traded higher over the past month and currently resides nearly 13 percent above its 52-week low. That does not mean the largest Brazil exchange-traded fund and its peers are out of the woods, but some market observers are...
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Investors Really Hate The Mexico ETF
Wednesday, December 16, 2015 - 10:45am | 641This is how bad things have been in 2015 for Latin American stocks and the relevant exchange-traded funds trading in the United States: Of the single-country ETFs tracking Latin American economies, the Global X MSCI Argentina ETF (Global X Funds (NYSE: ARGT)) has been the best performer this year....
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The Other Issue For The Brazil ETF No One Is Talking About
Thursday, December 3, 2015 - 9:44am | 719It has been eventful year for the iShares MSCI Brazil Index (ETF) (NYSE: EWZ). The largest exchange-traded fund tracking equities in Latin America's largest economy has tumbled 35.6 percent and there is a myriad of issues to blame for that startlingly poor performance. Brazil's Mounting Issues...
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Options Traders Get Opportunistic With Big Brazil ETF
Tuesday, October 27, 2015 - 3:05pm | 559As has been frequently noted, this has been another trying year for the iShares MSCI Brazil Index (ETF) (NYSE: EWZ). Quantifying the largest Brazil exchange-traded fund's woes is not difficult. Entering Tuesday, EWZ was sporting a 35.4 percent year-to-date loss. That is more than quadruple the...
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October Rally Has ETF Shorts Scrambling To Cover
Thursday, October 22, 2015 - 2:11pm | 772So much for October's reputation as a bad month for equities. After slumping more than 7 percent in the third quarter, the S&P 500 is up nearly 5 percent this month, and this October rally has short sellers scrambling to cover bearish bets on some well-known exchange-traded funds. The...
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Another Crazy Week For The Brazilian Real & Bovespa
Sunday, October 4, 2015 - 9:16am | 373Continuing with a trend, the Brazilian Real had yet another very interesting week. After falling on Monday, recuperating on Tuesday and Wednesday, declining again on Thursday, and, once again surging on Friday, the currency closed the week up 0.91 percent. Friday saw the Real appreciate 1...
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Brazilian Real, Bovespa Fall To End A Turbulent Week
Saturday, September 5, 2015 - 1:10pm | 262Brazil had a tough week. The real fell more than 7 percent over the week, while the Sao Paulo Stock Exchange lost roughly 1.4 percent. Both continued to decline on Friday: the real plummeted more than 3 percent versus the U.S. dollar and the stock exchange tumbled 1.83 percent. After these...