Why Brazilian Stocks Are Hopping as Much as 16% Today
Less than a week after Brazilian stocks plunged on COVID-19 fears, combined with a political crisis surrounding the Brazilian president, today some of these very same stocks are rebounding (all figures as of 2:30 p.m.):
Image source: Getty Images.
Why are Brazilian stocks rebounding? The answer will probably surprise you: Brazil appears to be getting ready to impeach its president.
Source Fool.com
