Goldman Bets on This Beaten up Market for Rebound
May 22, 2020 at 11:00 AM EDT
Brazil is home to Latin America’s largest economy. It’s also home to one of the worst-performing equity markets in the world this year. Just look at the VanEck Vectors Brazil Small-Cap ETF ( BRF A- ), which has lost nearly half its value in 2020. However, Goldman Sachs believes Brazilian stocks are poised to bounce back.
