Leveraged Brazil ETF Traders Have to Like President-Elect’s Latest Move
This article was originally published on ETFTrends.com.
Traders playing the Direxion Daily MSCI Brazil Bull 3X ETF (NYSEArca: BRZU) have to like what they’re seeing thus far from Brazil’s president-elect Jair Bolsonaro’s latest move of entrusting Santander executive Roberto Campos to oversee Brazil’s central bank–a move that signals the polarizing Bolsonaro’s seriousness when it comes to fixing the languishing economy. Bolsonaro, who [...]