Morgan Stanley sees good opportunities to make money on the Russian stock market and in the ruble
December 15, 2020
RTS index chart at 1-week intervals Capital flow from defensive assets to shares of cyclical companies in Eastern Europe, the Middle East and Africa (EEMEA) is just gaining momentum, so investors have a lot of time to make money on securities of “value”, shares of cyclical companies and vaccine manufacturers, as well as banks, Morgan Stanley analysts write. They note that the EEMEA…