FYI: European leaders are in the process of instituting beefed up sanctions against Russia. Although these sanctions will most likely only be targeted to certain sectors like defense and banking, investors have increasingly been focusing on what countries are the most exposed to Russia in terms of total exports to that country. While we are (hopefully) far from the point where the international community feels the need to sever all trade ties with Russia, any ratcheting up of sanctions will have a proportionate impact on countries which export the most to Russia.
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2014/7/29/biggest-exporters-to-russia.html?printerFriendly=true
Comments
Europe and China need and will continue to buy Russian energy resources, so I seriously doubt that any sanctions will bring down the Russian economy. With single digit current and projected PE ratios, I continue to be bullish on Russia as a long-term investment. In fact today I added to our RSX position. Here is a great article with periodic updates: "Global Stock Market Valuations and Expected Future Returns."
I continue to appreciate all of your past and ongoing efforts at FA and MFO. You are a treasure to common investors like myself.
Kevin