Source: tradingeconomics.com

The idea situation to address Brazil’s current financial woes is to elect a president who is market-friendly to help stymie the issues by effecting policies that favor economic expansion and growth. This could give Brazilian ETFs the much-needed shot in the arm, which could benefit BRZU.

“We still don’t know what the outcome will be,” said Cristobal Arias, Latin America economist at TS Lombard. “But regardless of who wins, the country faces major economic problems.” Economic reforms are needed for Brazil to move forward.”

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