“When some investors were fleeing Russian stocks as President Vladimir Putin moved to annex Crimea, Pacific Investment Management Co. (PEQWX) turned bullish. The Newport Beach, California-based investment manager has been buying Russian equities amid a decline which, at the height of the conflict with Ukraine, pushed the average dividend yield for the benchmark Micex Index (INDEXCF) above its estimated 12-month price-to-earnings ratio for the first time since at least 2009.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Law Lets I.R.S. Seize Accounts on Suspicion, No Crime Required
Delaware taxpayers increasingly on the hook as Fisker auto plant idles
China stuns financial markets by devaluing yuan for second day running
FHA exhausts reserves, may need bailout
Obamacare-nullifying bill to be introduced in Virginia
Chattanooga man sues police officer after injury
EU suspends aircraft emissions trading rules
Obamacare Layoffs Begin In Health Care Services; Insurers, Hospitals Set To Profit
4,000 silver coins found in Roman treasure trove in Swiss orchard
America: 62% of Your Doctors Plan to Retire in the Next 1-3 Years due to Obamacare
Gold flows from Britain to Switzerland surge in first half
How An African 'Princess' Banked $3 Billion In A Country Living On $2 A Day
Japan says any bitcoin regulation should be international
Sonic 'lasso' catches cells and moves them around
3D Printer Can Now Turn Molten Gold To Jewelry