Seeking Alpha

A Romney victory could knock 5-10% off the Russian market, opines Citi as he is likely to take a...

A Romney victory could knock 5-10% off the Russian market, opines Citi as he is likely to take a more aggressive stance towards the country, provoking Russia to respond. Additionally, Romney seems more likely to move towards increasing domestic production of crude oil, lowering demand for Russia's key export. RSX +3.1% YTD.
Comments (7)
  • wapiti
    , contributor
    Comments (698) | Send Message
     
    increased domestic oil production is reason enough to elect Romney over Barry O
    29 Aug 2012, 03:43 PM Reply Like
  • bbro
    , contributor
    Comments (9362) | Send Message
     
    How much would the S&P 500 go up (or not) if Romney is elected??
    29 Aug 2012, 03:45 PM Reply Like
  • paulseglund
    , contributor
    Comments (94) | Send Message
     
    I think that is getting baked in to the markets now & that is why they are holding up reasonably well..
    29 Aug 2012, 07:14 PM Reply Like
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    You missed this: Reuters is reporting that "an aide to Romney, in a meeting with Dimitri Medvedev, was overheard to say 'tell Vlad, if I'm elected, I'll tone down the rhetoric and we can do some business.'"

     

    So, maybe Russian prospects are better than we think!
    29 Aug 2012, 03:46 PM Reply Like
  • Gary Jakacky
    , contributor
    Comments (2427) | Send Message
     
    To say nothing of how R&R would deal with the slave labor state of China and its rampant patent violations. Who knows maybe Mitt can promise to put the big "O" and Biden on one of those fast trains to nowhere!
    29 Aug 2012, 03:58 PM Reply Like
  • Mattster
    , contributor
    Comments (162) | Send Message
     
    Actually what's going to happen is that the U.S. and Russia are going to sign a first ever trade agreement due to Russian entry into the WTO.
    29 Aug 2012, 04:39 PM Reply Like
  • Scrying Biotech
    , contributor
    Comments (1512) | Send Message
     
    The only thing that's getting baked into the markets now is that secret ingredient that few if any Republican's want to give Obama credit for: CASH! Hundreds of billions of dollars in cash profits that American corporations are sitting on and wouldn't be were it not for his policies and billions more flowing into the market from those of us who survived the financial meltdown and have money in our pockets thanks to the reduction in the payroll tax and numerous other measures taken including but not limited to rescuing the banks, the auto industry and peripheral businesses that were past the brink of failure. You're all too blind to see.

     

    Russia will continue to be a good investment thanks in part to the negotiate first policies of this administration. Now, go count your profits and blaze away with your ridiculous rejoinders.
    10 Sep 2012, 04:03 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|