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Brazil ETFs Have Been Rallying on Moderate Lula’s Return

Brazilian equities and country-specific exchange traded funds have been rallying this year as Luiz Inacio Lula da Silva, the left-wing leader and previous president of the country two decades ago, has made a comeback. On Monday, the iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) increased 16.4% and...
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