Russian Bull

Gold, Viagra and Emerging Markets: Harry Dent on 2009 and Beyond

I agree with everything except his analysis of Russia (ie, "Russia is toast"). Funny, people throughout history (since the 9th century) have always under estimated Russia and Russians. Most recently, one particular leader with a funny mustache who almost made it to Moscow comes to mind...

But Russia does have a declining population problem--among other severe challenges right now of course--but I have no doubt (based on my own analysis) that Russia will come through this on the other side stronger than before.

Nevertheless, very much enjoyed this article though generally speaking I do prefer blinis and vodka to curries and tea.

Emerging Markets: So Much for 'Decoupling'

I agree with the first commenter, Andrew.

I think what we are seeing is simply economic collateral damage from the US. When the smoke and dust settles, I will still be a fan of emerging markets (including Russia) and the GCC markets. I am expanding positions where I can and am very dissapointed the Russian market is locked up--but could be worse, I could be a common shareholder of a Lehman or Fannie.