Ishares Msci Brazil Index Fund (NYSEMKT:EWZ)

CAPS Rating: 3 out of 5

Exchange Traded Funds

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Player Avatar TMFMattyA (99.71) Submitted: 6/26/2013 12:53:35 PM : Outperform Start Price: $41.62 EWZ Score: -42.81

Emerging markets have sharply underperformed over the last two years, and Brazil is no exception. The Brazilian stock market is down something like 21% YTD. Here's betting on a turnaround and that the World Cup (2014) and Olympics (2016) will play a major role in reviving Brazil's economy.

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Member Avatar Mliaom (40.62) Submitted: 8/10/2013 3:48:07 PM
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Matt, World Cup, and Olympics were the two major reasons I invested in EWZ way back in 2009. Lousy investment indeed, so far. All the spending should have already been going on by now in preparation for these main events, no? How is that going to help us going forward?

By the way, you are one of my favorite TMF, we miss you at SA.

Member Avatar IlanBigfoot (84.14) Submitted: 1/5/2014 12:37:34 PM
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How have past World Cup and Olympics events helped national economies in the past? Or are they a "jump the shark" event, like companies buying stadiums' naming rights?

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