RSX News and Press, VanEck Russia ETF From 09/23/19

Introduction: Twice a year I conduct a screen of North American indexes, international markets, and a top-to-bottom assessment of the existing watch list for Contra the Heard Investment Newsletter . Although valuations remain relatively high and economic conditions are deteriorating, m...

Easing All Over The Place Last week, the Fed cut rates again, just as the market was "telling" it to do. Doing so, the Fed continues to be part of a growing group of central banks that are cutting rates. Most recently, we saw rate cuts from the following countries: Indonesia ( EIDO ): ...

BRIC Conclusion: Things are a bit dicey. Manufacturing is taking a hit from the global trade war, although the service sectors are still expanding. On the plus side, inflation is contained, which gives their central banks room to maneuver. Unemployment is low, which should support modest inc...

I've written a couple articles this year here on Seeking Alpha about why, in addition to investing in a variety of normal equities, I began allocating a portion of my portfolio into gold and gold stocks starting in the autumn of 2018. And in my most recent article, Recession Obsession , I e...

Instrument The VanEck Vectors Russia ETF ( RSX ) is a fund that offers exposure to equities from Russia, which includes publicly-traded companies that are incorporated in Russia or that are incorporated outside of Russia but has at least 50% of their revenues/related assets in Russia. Driv...

ISM Manufacturing PMI < 50 You probably already know that the latest ISM Manufacturing reading has dropped below the 50 threshold, a level which is pointing out at a contraction in economic activity. Furthermore, at just 49.1, the ISM Manufacturing fell to its lowest level since January...

By Dmitry Dolgin Russian inflation slowed to 4.3% YoY in August, below expectations, making us more comfortable with our 4.0% year-end forecast and reinforcing the case for the key rate cut on 6th September. Yet, food and non-food CPI remain a watch factor for the mid-term, along with t...

My readers know me as a value investor with a business-owner mindset, who prefer to invest based on the underlying fundamentals of individual companies, own them for the long run, and ride out any intermediate macro distractions. This investing mindset generally works well in a stable market...

Investment Thesis A recent price drop of VanEck Vectors Russia ETF ( RSX ) does not mean a good time to buy. It is because, fundamentally, the Russian market is not prone to growth in the coming months. Instrument The VanEck Vectors® Russia ETF is a fund that offers exposure to eq...

(Source: Pexels ) Valuation metrics such as P/E and EV/EBITDA serve as popular guides to projected future equity performance. In general, countries with lower valuations are expected to outperform those with higher valuations but with greater volatility along the way. As I'll show, valuatio...