EWZ - 2020 Is A Good Time To Begin Accumulating Banks In Brazil
In recent years, emerging markets in Latin America have been facing multiple headwinds, which has further been exacerbated by the coronavirus pandemic. However, it is worthwhile to focus on emerging markets that could become beneficiaries of an uptick in commodity prices. Countries like Chile, Colombia, and Brazil could see an economic rebound this decade, which makes 2020 an exciting time to begin accumulating positions. However, all of these countries face multiple headwinds, including rising public debt, weak performing currencies, and contractions in economic growth. It is, therefore, best to selectively shop for stocks in Latin