Perfectly bottom-ticking the Russia stock market in March 2014, The White House’s Jay Carney suggested investors “not invest in Russian equities right now.” Since then MICEX has soared 55% to fresh 8-year highs (closing in on record highs) and is the best-forming asset since the March 2009 lows.
In March 2014…
Carney warns of impact on Russian stock market. “If I were you, I wouldn’t invest in Russian equities right now.”
— Mark Knoller (@markknoller) March 18, 2014
Which was followed by a 55% surge to fresh 8 year highs…
Making MICEX the best-performing asset off the March 2009 lows…
Perhaps Carney can get a gig as a Valeant analyst?
via Zero Hedge http://ift.tt/22salE6 Tyler Durden