After two recessions within 5 years is this a index buying opportunity for long term growth ? GDP numbers were down upto 3% 2014-15 post that it was on a recovery improving from 1-2% a year then COVID( put the handbrakes on). Also a recovery in oil markets would boost this index.
Jim Rogers was already bullish and invested in the Russian stock market before Donald Trump was elected. I had been investing there over the last few years. Donald Trump is going to be friendlier with Russia and that is obviously an enormous change and it is likely that you are going to see all major countries removing sanctions.
Looking for RUSL (Russia 3x Long) to catch-up to strength in EEM (Emerging Markets Long) especially as "Crimea War Discount" eases. "Russia's stock market right now is one of the cheapest in the world, and probably one of the most hated," said investor and commodities guru Jim Rogers, chairman of Rogers Holdings, in Singapore. "This is the time to buy...