The Contrarian Investment Case for Russian Stocks
August 09, 2020 at 08:00 AM EDT
By Frank Holmes, CEO and CIO, U.S. Global Investors Russian stocks, as measured by the MOEX Russia Index, turned positive for the year on Tuesday of this week after plunging 30 percent due to the pandemic. This puts them slightly behind the S&P 500, but did you know that, despite the drama...