Wednesday, February 25, 2015

Time To Buy Russia? RSX, RSXJ, ERUS

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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