The capitalist devotion to profits above all else is illustrated in this piece posted on a major capitalist website. With a profit opportunity looking very promising, this blogger departs from the usual ruling class anti-Russian line to promote Russian stocks where he sees investors could make a "killing". It seems that the Russian entrance into the Syrian situation has been well received in Europe where talk is growing about ending Russian sanctions.
While January is likely too early to see the end of Russian sanctions, which began last year due to Moscow’s involvement in supporting separatists in east Ukraine, odds are high that Russia could see discussion on the rollback on sanctions soon. “Markets will discount that well before hand,” Signorelli says.
The Market Vectors Russia (RSX) exchange traded fund closed 3.9% higher on Monday as investors weigh this sentiment shift. In fact, Russian equities beat out the S&P 500, the MSCI Emerging Markets Index, and oil futures, all higher today.
