2 Attachment(s) • Emerging market shares saw their greatest in flow in 3-9 months in the week ended Wednesday, based on BofAML, citing EPFR Global.
• On Thursday, Brazilian shares plunged in their worst day since 2008 on a report alleging the president's involvement in a huge corruption case.
• The news dragged down rising market shares general.
• Most strategists stay optimistic about longer-term options in emerging markets.
A stunning plunge in one of its crucial parts might dampen, but maybe not crush, Wall Street's preferred expense trade of the last few months: rising markets.

Brazilian shares collapsed Thursday on news of a clean political scandal that jeopardizes the new administration's reform ideas. However in the week ending just 1 day ahead of the fall, traders accelerated purchases of emerging market shares, pouring the most cash in to these assets versus other key stock markets.

The $3.9 billion of