Douglas Macgregor says ‘Russia won’ as the MOEX index surges
Russian stocks have diverged from the struggling ruble. The MOEX index, which tracks the biggest Russian companies, has surged to RUB 180, 166% above the lowest level in 2022. It has almost doubled this year, outperforming American indices like the Dow Jones and the Nasdaq 100. On the other hand,…
October 12, 2023
