The Russian Stock Market is the Best Performer in the World in 2019, according to the Moscow Times this week.
Since the turn of the year, investors in Russia’s stock market would have profited over 40%. Over the past month the Russian Trading System Index (RTSI) is up 12.6%, and over 3 months is up almost 16%. Their recent renaissance has gone relatively under the radar in the West.
Perhaps we are too distracted by the parochial issues besetting Western democracies (of which there are many!). Or perhaps there is a hint of selective reporting… I’m fairly confident if you put a minus in front of the figures above there’s a far greater chance of you seeing it in the Western press. [read more]