Yes, Russia has a litany of negatives against it — from stagflation
and recession, to open conflict with neighboring countries, economic
sanctions, ratings agency downgrades, a sharply declining currency, and a
megalomaniacal leader.
So you might be wary. But Russian market
exchange-traded funds (ETFs) are among the best performers year to date.
They’re up 20% — and 40% from lows in December. These kinds of returns
show the value of thinking outside the box as an investor, and going
against the crowd.
But it’s still not too late to buy Russia.(more)
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