RIO DE JANEIRO, BRAZIL - From January through September, Ibovespa, the benchmark index for the Brazilian stock market dropped 6.75%. Considering the dollar variation in the period, the plunge is 11.67%. In the United States, during the same period, the three main indicators accumulate gains. Dow Jones, S&P 500 and Nasdaq increased by 10.58%, 14.68% and 12.11%, respectively.
The Brazilian performance also diverges from the growth of other relevant Stock Exchanges in the American continent. In the north, Canada's S&P/TSX and Mexico's S&P BMV IPC indexes increased . . .