... most serious problems that face the Brazilian economy going forward is the fact that the country is now "one of the key trenches of international speculative bubble." As of 1:30PM. EWZ, the Brazilian ETF is down 2.85%, while BZF, the currency ETF is down 1.13%. We also posted the straddles on both on the same post, reproduced below. EWZ is down 5% since then and BZF is down 2%. Enjoy!

... continued growth of a consuming middle class. There is also the Wisdom Tree Dreyfus Brazilian Real Fund (BZF). This ETF is intended to provide currency exposure. BZF seeks to achieve returns that reflect money market rates in Brazil available to foreign investors and changes in value of the Brazilian real relative to the dollar. ...