As volatility hits even the strongest emerging market economies, one nation is becoming a haven of calm and investors' choice to mask the Federal Reserve's (Fed) tightening streak: Brazil.
Stocks, bonds, and currencies in developing countries suffered the worst slump in decades, but one wouldn't know it by looking at Brazilian assets.
Traders are getting double-digit returns from their currency, making the most bullish bets on bonds in 13 years, saving their local currency debt from a high-yield selloff, and calling their stocks "the hottest deal in town."
The outperformance provides much-needed relief for investors . . .
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