Wednesday, September 10, 2008

Russian Sstock Market


Not so long ago, Western investors were so pumped up about the Russian Oil story... the Russsian Stock Index (RTSI) spurted faster than the Sputnik.


Fast forward to 2008 - the same index is falling faster than the price of Oil. It ahs lost morethan 40% till date. (Phots and charts courtessy Wall Street Journal).
As they say, what goes up has to come down - maybe not this fast, though!!





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