• It's Coming...

    MARKET EDGES

    Identify global risks and opportunities with essential macro intel using Hedgeye’s Market Edges.

Russian Bears are on the loose, and those shorting Putin’s RTS Index are getting paid healthy bounties. The Russian stock market got hammered again today, closing down another -4.2%, taking the Index down to 1579. The decline in august alone is almost -20%. Since our "Fading Fast Money" call on 5/21, this levered country play on commodities has lost -37% of its value. Vladimir no likey...
KM
  • This is the RTSI (USD) charted since the day that hostilities with Georgioa kicked into high gear.

    Andrew Barber
    Director