+ Watch EWZ
on My Watchlist
Exchange Traded Funds
harvard loves it; has for a number of years yet it has underperformed. world cup and olympics soon... 2.5 dividend yield.
Brazil, short-term trade, commodities inflation
Give it a year
Lagging other ecomonies, could be rotating to riskier areas.
Slowdown of the growt for this quarter. Sign of internal problems. A question to the future, the impact of the recovery economy plans....
Interest rates were just lowered yesterday to help revitalize the economy which has slowed somewhat and oil finds guarantee this country will be one of the richest countries in the world looking longer term.It is also a safer play on a China turnaround with some of the major importers of China, like Vale,Embrauer,Braskem,Gerdau and Usiminas looking to gain. They are one of the largest sugar and ethanol producers in the world with Cosan, as well as major exporters of coffee and oranges.They have long range plans to build one of the worlds largest technology business and have the support of the gov't. The World Soccer Cup as well as the Olympics will bring more focus on this economy.The trend to lower interest rates may weaken the $Real and again increase exports.
Land and home prices have skyrocketed last 3 months, building and consumer spending up considerably,Fifa and Olympics 2016 bringing more worldwide focus on Brasil and finally they have become one of the biggest oil-rich countries in the world.The current weakness has more to do with China exports in raw materials than anything else.
This is Latin America and it is highly levered to materials.
Would have picked individual stocks if I had it to do over again.
While the experts and even market logic seems to dictate that this should be an outperform, I've owned it for the past few years (06/2008)and have seen it go from $90 to $60. It's been stuck in a rut since the middle of 2007, actually, and I don't see it coming out of it anytime soon. I'm going to stay long with it, rather than take a loss, but I don't expect to recover my purchase price for the next three years, if I'm lucky.
strong GDP, low/no debt country. Good div yield. this has been a good performing ETF over the past few yrs.
Brazil keeps going strong, and is out of the way of the big geopolitical struggles. Mineral rich, and agriculture exporter in a time of rising world populations and markets.
8/25/2011 60.72 Brazil off 20% for year....good play, strong currency.
Ditto my EPI pitch, but for Brazil.
As of 05/13/11, this emerging market ETF is underperform relative to SP500 and is at its recent lows. If the stock market further deteriorates, this ETF will not go much lower than SP500. This is a defensive position with a one to two year time frame. When the market resumes bull run, this ETF will outperform SP500.
Since the 2008 crisis, several countries have recovered much more favorably than others. China of course being the main example, but Brazil is also well-positioned. Add to this the vast resources at hand in Brazil (mining and agriculture are big) and China's desperation to grab at it as factors into the future growth and resurgence of Brazil. Is in not a sign that with both the World Cup and Summer Games upcoming in Rio that Brazil is on the rise?
Brazil is a hot emerging economy. More of a sleeper (in terms of publicity) than China, and far enough away from Middle Eastern craziness (i.e. Pakistani assassinations) to maintain some stability.
bet on brazil's economy growing
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions