The Russian Market Is Getting Reduced To Rubble Today

Dec. 6, 2011, 10:44 AM
by Joe Weisenthal

Today’s geopolitical hotspot?

Russia.

There are massive protests in Russia today, associated with the election. Suddenly Putin‘s grip on power looks much less steady.

And so stocks are tanking. The MICEX 10 — their Dow Jones — is cratering, getting reduced to rubble. It’s off over 4%, with heavy selling late in the day.

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Posted on December 6, 2011, in Money Game, Russian Federation and tagged , . Bookmark the permalink. 2 Comments.

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