Showing posts with label Brazil. Show all posts
Showing posts with label Brazil. Show all posts

Saturday, October 9, 2010

ETF Spotlight: Brazil - EWZ

I've created a mock portfolio to track the progress of the Peak Oil Proof Portfolio.  For the past week, the portfolio has gained 2.95%, while the S&P500 gained 2.10% - mostly due to poor US unemployment figures raising expectations that the Fed will issue a second round of quantitative easing.  In the event of "QE2", we could expect that US energy demand will increase, buoyed by more readily-available money.  Loose US monetary policy should generally benefit the entire portfolio.