BRIC ETFs Crumble and U.S. Is Left Standing
August 15, 2008 at 17:00 PM EDT
The so-called BRIC countries and exchange traded funds (ETFs) were stars in 2007, but now most of those regions are finding themselves feeling a little off. Over the past month, the S&P 500 SPDR (SPY) has outperformed every BRIC (Brazil, Russia, India and China) -focused ETF, except India, and all of the fallen countries have shown [...]