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Ibovespa, Real Fall As Fed Wagers Outweigh Goldfajn Nomination
Brazil was the the world's hottest EM market during the first 4 months of 2016 with some Latin American funds enjoying near 40% gains over that period. But following the "temporary" removal from office of Brazil's President last week, Brazilian markets haven't done well. Brazil makes U.S. politics look tame by comparison. (But give us a few more months.)
