Tuesday, October 20, 2009

nah, this won't hurt a bit...

Bloomberg on the Brazilian tax thingie:

Brazil’s ‘Desperate’ Tax Won’t Slow Real, Cunha Says

EWZ, the Brazil ETF, happens to be a short position in a model portfolio I introduced to newsletter subscribers at the beginning of last week. the position is finally in the green a tad...




but nothing to get too exited about yet.