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ETF Of The Week: ‘EWZ’ Up On Brazil Vote

TedTed
in The Bullpen
FYI: This has been a busy week for the markets. Price action, asset flows in and out of various segments, bond yields, you name it, things were on the move. One particular spot stood out: Brazil.

The economically and politically embattled South American country—one that has made countless headlines about corruption scandals involving every level of the government—went to the polls on Sunday, Oct. 7, to elect a new president.

That vote yielded a significant lead for far-right candidate Jair Bolsonaro, who now battles the second-most-popular candidate, left-leaning Fernando Haddad, for a simple majority in a second runoff vote on Oct. 28.
Regards,
Ted
https://www.etf.com/sections/features-and-news/etf-week-ewz-brazil-vote

M* Snapshot EWZ:
https://www.morningstar.com/etfs/ARCX/EWZ/quote.html
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