Latin American ETFs: Carnival spirit rising

  The emerging markets of Latin America are dominated by Brazil, which has the tenth largest economy in the world. Analysts are forecasting the country's gross domestic product (GDP) growth will be six percent this year, compared to a global average of just over four percent. These sorts of figures explain why Goldman Sachs is expecting Brazil to move up to fourth place by 2050, bypassing the likes of Germany, Japan and the UK on the way. Brazil was one of the first economies to recover from the global recession, with the two main sources of growth being the resurgent value of its nat...