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  • Russia: Leading the BRIC Rally [View article]
    Russia's market, weighted heavily by oil, gas, metals, telecom cos, has lowest PE in the world. I believe it is below 3 today. Major reason for it is political risk. Obviously the economic reality does not help, but other markets have PE much much higher. Russia is way oversold.
    Apr 12 15:16 pm |Rating: +5 0 |Link to Comment
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