The Traderszone Network

Published in TZ Latest News 18 March, 2015 by The TZ Newswire Staff

Russia Stocks Rally Despite High Rates, Slow Economy

Rising interest rates, slowing growth and geopolitical tension aren’t exactly a recipe for stock market gains, but don’t tell that to Russia. In keeping with the tenet that markets can rally when headlines are the most dire, Russian stocks have been on a tear since the start of the year. The Market Vectors Russia ETF (RSX) is up 16.5% after a dismal 2014 that saw the fund lose nearly 50% of its value.

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