---
title: Blame it on Rio
description: When looking at the global economy, Brazil is well positioned for global growth. The leading stock market index (BVSP) is up 114% in US dollars.
image: https://www.spiritusfinancial.com/hs-fs/file-15881412-jpeg/images/savings_account.jpeg
---

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# MONEY matters

Mark Zaifman's thoughts on money, global economic trends and politics

# Blame it on Rio

** [Mark Zaifman](https://www.spiritusfinancial.com/blog/author/mark-zaifman)   |   ** Tue, Oct 20, 2009 @ 11:49 AM

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OK - it stinks that we lost the 2016 Olympics to Brazil, but at least from an investment perspective, there may be a silver lining here after all.

First some facts: Brazil’s leading stock market index (BVSP) is up year to date, in US dollars, up 114%. Compare that to the S&P 500 year to date-up 17%. That’s quite a notable difference. Second, just think about the amount of investment that’s certainly going to pour into Brazil now that they locked up the 2016 Olympics. And finally, the Brazilian economy is well positioned for global growth.

One of my favorite ways to play the Brazilian stock market is through ETF’s, specifically i-shares MSCI Brazil Index. (EWZ). This is not a recommendation to purchase this individual fund, as you need to do your own research and make sure you understand the risks and rewards fully of this fund before you invest. But get busy doing your research.

** [investing](https://www.spiritusfinancial.com/blog/topic/investing), [global economy](https://www.spiritusfinancial.com/blog/topic/global-economy)

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