FLRU News and Press, Franklin FTSE Russia From 02/24/22

The problem for Western leaders is that their governing elites have incoherent views towards Russia, and it is unclear how much this will change. The implication is that if fighting were to continue, it would be in the form of an insurgency. Government spending that is not tied to...

It seems likely that Russia’s overwhelming military force will eventually prevail and Ukraine’s government and independence will succumb. Inflation is already elevated and rising energy prices will likely exacerbate pricing pressure further. Russia’s growing e...

Russian exchange traded funds and benchmark tracking index funds have been slammed to start Thursday’s trading session as the Russian military has invaded Ukraine through the air, land, and sea with coordinated attacks on the capital of Kyiv and many other key cities. As a repercussion...

Russia's recognition of the Donetsk and Lugansk People's Republics (DLPR) has sparked global outrage and triggered the first tranche of sanctions. Although Russian markets are closed for a public holiday, offshore trading shows a continued sell-off in Russian USD debt. We take a l...

Russian stocks and ETFs continued to sell off on Wednesday as the United States and its European allies have imposed sanctions on the country after Vladimir Putin dispatched Russian troops to act as "peacekeepers" in eastern Ukraine's Donetsk and Luhansk regions. In a direct reaction to the s...

Russian-based exchange traded funds remained under heavy fire during Tuesday's intraday action, as they found themselves deep in the red as tensions continued to escalate between Russia and Ukraine. In Tuesday's trading session, the leveraged Direxion Daily Russia Bull 3x Shares ETF (NYSEARCA...

Forecasting macro activity and managing expectations have become substantially more difficult. As the West imposes sanctions on Russia, the potential for a severe supply shock lurks – particularly for oil and natural gas. Macroeconomic risk will rise, perhaps leading to a n...

The economic hit of sanctions is undoubtedly highest for Russia. The United States does not suffer a relevant impact from sanctions to Russia. The impact of geopolitical risk has made energy and food prices soar higher all over the world. For further details see: The Ste...

Non-U.S. markets, including EM, DM, and Asia, are outperforming the U.S. markets after underperforming last year. After slightly underperforming growth last year, value is where the money is flowing. With the economy still in growth mode, cyclical stocks should do better than defe...

To help address investor concerns about Russia-Ukraine tensions, our Portfolio Managers examine the impact on their respective asset classes and potential allocation changes. We believe sanctions initially will focus on Russia’s top security personnel and companies directly inv...