EWZ / EWZ: Textbook Political Risks Add To Uncertainty For Brazil Stocks Into 2023

EWZ exhibited a cumulative performance of 9.5% in 2023, propelled by optimism in the first half and expectations of interest rate reductions. The coun more_horizontal

EWZ iShares MSCI Brazil ETF has shown signs of recovery in September after a decline in August. Business activity in Brazil has slowed, inflation is t more_horizontal

Emerging market equities currently trade with cheap prices and valuations, and above-average yields. Latin American equities doubly so. EWZ is a simpl more_horizontal

Ibovespa, Brazil's stock market index, experienced 13 consecutive falls in August 2023, impacting the performance of the EWZ ETF. Inflation in Brazil, more_horizontal

The iShares MSCI Brazil ETF remains a highly attractive and undervalued resource play. The ETF is heavily weighted towards materials and energy, with more_horizontal

The iShares MSCI Brazil ETF has been on an upward trend with a +30.93% YTD return, indicating positive momentum and a potential long opportunity. The more_horizontal

You can't possibly be diversified unless you have a portion of your portfolio that you hate. One of the most enticing aspects of iShares MSCI Brazil E more_horizontal

Brazilian stocks sport high relative strength compared to other emerging markets over the last year. With a low earnings multiple, strong technical mo more_horizontal