Thursday, March 5, 2015

Emerging Markets: Positive Changes In Russia, Kazakistan

I was bearish in Russia for 46 years. I first went to Russia in 1966, to many of the Soviet countries in 1966 and came home and said, "this is going to be a disaster." So I was bearish for the rest 46 years. But changes are taking place in Russia. I am not bullish in Ukraine, I find myself now being positive on Kazakistan to my surprise. I see big changes taking place place in former Soviet states and some of them are very interesting, including Russia.

Related ETF: Market Vector Russia ETF Trust (RSX)

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