Brazil's momentum score jumped 23 points in a week. It's now #2 among country ETFs, behind only Taiwan.

The Brazil ETF rose 12.5% in USD yesterday, and its 3-month return of +23% is the best among country ETFs.

After the first round of the presidential election, Flavio Bolsonaro is in the lead, and his victory could mean lower interest rates and less government interference in state-owned companies.

$EWZ