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iShares MSCI BRAZIL ETF (EWZ) 75.09 -$0.76 (-1.00%) 04:25AM (15 mins delay)

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Brazil's Market Shows Impressive Relative Strength

May 05, 2009 - 5:05 PM EDT

We know what the US market is doing, shrugging off every single bit of negative news and floating higher almost effortlessly. But what about the emerging markets?

One of the strongest emerging markets before the recent bear market was Brazil and it has come roaring back with a vengeance. If you think the recent gains, whether a bear market or the real thing, are impressive, then consider Brazil’s gains.

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Source: Seeking Alpha (May 05, 2009 - 5:05 PM EDT)