Russian stocks: Abandon all hope, or time to buy? | Russia Beyond The Headlines:
"Sanctions. Conflict in neighboring Ukraine. Sagging economic growth.
And let’s not forget capital flight.
These are just some of the reasons why Russia’s stock market is having a rough year.
Not too long ago, Russia was watching a rising tide lift most of its boats. Russian stocks returned at least 8 percent in 13 out of the past 18 years, and often more than 20 percent.
Not so in 2014. This year’s unpredictable political headlines have combined with longstanding concerns over a slowing, resource-dependent economy to push Russian companies’ valuations to among the lowest in emerging markets."
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