Emerging? Brazilian Stocks Among World’s Worst Performers

June 24, 2013 3:45 am

We have all known this for a while now, but here are some numbers to prove that it is time to redefine the term ’emerging’: Brazilian stocks, once considered a ticket to massive returns, are down more than 20 percent this year, making it the worst performer among emerging markets (Source)

Low domestic demand for goods is considered to be the major reason behind the fall.

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