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Back in August, I wrote "Russia: Geopolitical Risk Makes For Steep Discounts" which detailed how investors are placing a huge earnings premium on Russian equities, particularly when the country's strengthening financial position is taken into account. The VanEck Russia ETF (RSX) is up around 9% since the article was written and I believe that potential acceleration higher is possible.
Undoubtedly, the Russian economy has been in a difficult situation. Due to a long list of geopolitical mistakes (though they may not call them that), the country has