Posted August 31, 2014 6:59 pm by Comments

FE Trustnet has quoted State Street Global Advisors’ CIO Rick Lacaille as warning that Russian stocks could still be subject to further sell-offs:

“Given the potential negative impacts to the global economy if the crisis escalates and sanctions expand, investors could face significant sell-offs in Russian assets, along with knock-on effects to equity markets and debt markets… Russia itself would be the most impacted by the sanctions, given likely volatility in energy and natural gas markets, disruption to the Ruble, the deletion of Russia from stock and debt indices, and other effects.”

To read the whole article, Is it time to buy Russia funds or are they still too risky?, go to the website of FE Trustnet.

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