Political Turmoil Sends Brazil ETFs Reeling

Brazilian markets and country-specific exchange traded funds plunged Thursday as some call for the resignation of President Michel Temer in response to reports of illegal payments to a disgraced lawmaker. The iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) declined 12.8% Thursday. The WisdomTree Brazilian Real Strategy ETF (NYSEArca: BZF), previously one of this year’s best…Click to read more at ETFtrends.com.