It’s something that sounds pretty odd to most people who follow financial and international news: Russia’s stock market is the best performing in the world so far this year. It’s up by 28%, dwarfing the European equities rally (the major French, Italian and German indices are all up by more than 10%), and eclipsing the S&P 500’s sub-2% gains. Here’s how the performances look so far this year: The index is currently near its highest levels since 2011, and another small rise will push it to the highest since 2008. That’s despite the fact that “a deep recession in …read more
Source: Business Insider