A A
RSS

Brazil Catches a Bid

Fri, Oct 2, 2009

(Business)

Hickey and Walters (Bespoke) submit:

While Chicagoans suffered a blow at 11:30 AM ET this morning when the IOC voted the city out of the running for the 2016 Summer Olympics, investors in Brazil saw a nice jump-up in stock prices on the news (see chart below). The Bovespa continues to rally intraday as the final vote between Madrid and Rio nears, and Brazil is now heavily favored to win. If Brazil does win, there will most likely be quite a few business articles published in the coming days telling investors to buy the Brazil ETF, EWZ.

Bov

Complete Story »
Go to Source

Leave a Reply

Bubblecast plugin is not configured properly. Please, contact administrator.
Add video comment

Categories


Video & Audio Comments are proudly powered by Riffly