This is the 4th article in a series focusing on the investing opportunities in emerging markets presented by the large selloff during 2011. The first 3 articles focused on India, Brazil, and China respectively.
Russia will be the focus this time and the country is no different than the others where inflation has been a big factor to the market declines. Russia inflation fell to 6.8% in November.
In most economies, 7% inflation would be disastrous and even in other emerging markets like China and Brazil that amount would be extremely high. In Russia though, 7% inflation has actually been closer to the lows over the last couple of decades.
Read the full article at Seeking Alpha.
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