Steel stocks, on a steady upward trend since the March 2009 lows, have recently outpaced the broader market. The Market Vectors Steel ETF (SLX) is up 34% since early November compared to a 10% gain for the broader market.
Last week’s market correction has lowered stock prices to the point where dividend yields are now at their highest levels in 12 years. Leading S&P 500 components such as Pfizer (PFE), AT&T (T), Dow Chemical (DOW), Nucor (NUE), and Duke Energy (DUK) all ended the week with forward looking dividend yields of over 6.5% and well above their 5 year averages.
A quick way to get diversified exposure to Brazil is through an ETF. A well established Brazil ETF is the iShares MSCI Brazil Index Fund (EWZ).