Addendum to #msg-97274632: I would hold off on a commitment to Brazilian stocks or ETFs until after Brazil’s presidential election in October. If a conservative candidate wins (not likely, but possible), investing in Brazilian companies might become tenable. If Rousseff wins re-election, I would stay away (or sell short).
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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