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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (1416)	10/27/2014 8:09:50 PM
From: John Vosilla	Respond to of 2504

Brazil ETFs Reel As Rousseff Win Dims Reform Hopes The left-leaning Rousseff's victory on Sunday ended months of uncertainty and volatility. And it dashed hopes of a more business-friendly face at the helm of Latin America's biggest economy. Rousseff squeaked past pro-business opposition candidate Aecio Neves 52% to 48%. "Hopes for reform to address Brazil's structural economic problems have been dimmed, if not dashed," said Craig Botham, an emerging markets economist for Schroders Investment Management, which manages $464.1 billion in global assets. He added that any change under Rousseff is likely to come "only under extreme market duress" and to be less than is needed. Read More At Investor's Business Daily: news.investors.com Follow us: @IBDinvestors on Twitter \| InvestorsBusinessDaily on Facebook