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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)
  • increased domestic oil production is reason enough to elect Romney over Barry O
    29 Aug 2012, 03:43 PM Reply Like
  • How much would the S&P 500 go up (or not) if Romney is elected??
    29 Aug 2012, 03:45 PM Reply Like
  • 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
  • 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
  • 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
  • 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
  • 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
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