Russian Stocks, ETFs May Finally be Cheap Enough
April 07, 2014 at 08:00 AM EDT
As Russian stocks stood out as emerging markets laggards in recent years, including the early part of 2014, a familiar refrain was heard from the dwindling number of Russian equity bulls. That being Russian stocks are inexpensive. Last month, Russia’s benchmark Micex was trading at 4.8 times...