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Friday, March 27, 2015

Some Stocks Unfazed By Bad Week In Argentina, Brazil



Investor's Business Daily - Investing RSS http://ift.tt/1BQNBxE The Caracas CSE index -- seated in possibly the world's most distressed economy -- soared an inexplicable 25% last week, leaving it up 32% so far this year. But outside Venezuela, it was a lousy week for South America's largest stock exchanges. In Argentina, Buenos Aires' Merval dropped 6.3%. The Sao Paulo Exchange in Brazil saw its Ibovespa tumble 3.6%. On Friday, official data showed Brazil's economy contracted in Q4, leaving GDP up an even


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