With Goldman’s Thomas Stolper having gone the way of JPMorgan’s Tom Lee, we thought it worth tracking the performance of the other market “seer” that reared his ugly head recently. Since the Crimea Referendum, Russian stocks are up over 16% (greatly outperforming US) but as investors began their great rotation back into EM, The White House’s Jay Carney issued a “strong sell” recommendation on Russian stocks… since his suggestion, Russian stocks have risen over 6%…
Chart: Bloomberg
via Zero Hedge http://ift.tt/PdPpAg Tyler Durden