Success of “BRZU” ETF Hinges on Economy and the President
December 16, 2019 at 08:00 AM EST
Brazilian president Jair Bolsonaro earned an uptick in approval ratings following a 0.6% rise in the country’s economy in the third quarter. Of course, the success of one begets the other and in this case, it’s the economy driving Bolsonaro’s popularity—both prime factors for the success of the Direxion Daily MSCI Brazil Bull 3X ETF ( BRZU ) .
