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Brazil Buyers Bruised As "Sell The Impeachment News" Slams Stocks, Real

The news of Dilma's impeachment vote kneejerk'd stocks and the real higher overnight as the almost unbelievable gains in the circling-the-economic-drain nation's stock and FX markets extended among the "blood on the streets" dip-buyers. However, things have turned around rather quickly and it appears investors are aggressively selling the news as the collapse of government is suddenly seen as a negative...

 

Brazilian stocks have swung from up 4.5% to down 3.5%...

 

And The Real is tumbling...