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Proof of concept re. the crash of the USD vs Brazilian real, the chart below shows the comparison between EWZ (Brazil fund) and the SPX year-to-date:
EWZ takes advantage of the rise of the Real.
EWZ: +71.87%
SPX: +10.39%
Thursday, August 6, 2009
EWZ Vastly Outperforming SPX: +72% vs +10%
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